Cathie Wood’s Ark Invest bought more than $90 million of Coinbase amid the bitcoin rout this week

Cathie Wood’s Ark Invest bought more than $90 million of Coinbase amid the bitcoin rout this week

Ark Invest's Cathie Wood is doubling down on her bet, snapping up more shares of the cryptocurrency exchange as the stock slides 14% for the week. Wood has purchased more than $90 million of Coinbase since Monday, according to the firm's trading wrapper.