Ark Invest Sells $109.6 Million in Circle Shares, Acquires Coinbase and Robinhood
Ark Invest has sold 415,855 shares of Circle for $109.6 million after the company's recent IPO. Key actions include:
- Selling 609,175 shares of Circle last week.
- Purchasing 4,198 shares of Coinbase for $1.3 million.
- Acquiring 319,640 shares of Robinhood worth $24.4 million.
Circle's stock rose 7.5 times from its IPO price of $31, closing at $263.45 on Monday.