ARK Invest Buys Additional $15 Million Coinbase Stock This Friday

BlockBeats News, February 15th. According to disclosed documents, ARK Invest increased its holdings of approximately $15 million worth of Coinbase stock on Friday, reversing its previous selling actions earlier this month. This latest purchase was spread across three actively managed ETFs: ARKK purchased 66,545 shares, ARKW purchased 16,832 shares, ARKF purchased 9,477 shares. Based on the closing price of $164.32 on that day, the total amount is approximately $15.2 million.

Previously, ARK had sold approximately $39.4 million worth of Coinbase stock on February 5th and 6th, marking the first consecutive reduction in holdings since August 2025. At the same time, ARK increased its holdings in the digital asset platform Bullish, indicating a preference for structural rebalancing among crypto-related assets rather than a complete exit.

On the fundamental side, Coinbase reported a net loss of $667 million in Q4 2025, ending eight consecutive quarters of profitability; earnings per share were $0.66, lower than the market's expected $0.92; net revenue decreased by 21.5% year-on-year to $1.78 billion, with transaction revenue dropping by nearly 37%, while subscription and services revenue grew by over 13% to $727 million.

Despite the performance pressure, Coinbase's stock price surged by 16.4% on Friday, prompting ARK to quickly replenish its position. Analysts believe that ARK's actions are closer to tactical trading in a high-volatility environment rather than a complete restructuring of its long-term core positions.