Rewards Hub Coinbase shares rose over 5% on Wednesday, closing at $276.92, as Bitcoin's price surged to nearly $93,000. The increase in Coinbase's stock was bolstered by strong third-quarter earnings and significant investment from Cathie Wood's Ark Invest, which purchased over $7 million in additional Coinbase shares for its ETFs.
Coinbase Stock Gains 5% Amid Bitcoin's Surge to $93,000
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