In a determined financial move, Ark Invest, the well-known firm led by Cathie Wood, has strategically liquidated some of its shares, including those of Coinbase (COIN), as well as other prominent companies. Simultaneously, the firm has directed capital towards Bitcoin futures ETFs, once again demonstrating its innovative vision in the financial world.

It is striking that among the shares released are those of AMD, Block, Cloudflare, Stratasys, Shopify and the Grayscale trust, GBTC. The released funds have been redirected to ProShares Bitcoin Strategy ETF and Ark 21Shares Active Bitcoin Futures Strategy ETF. This bold move is not alien to Ark Invest’s distinctive style.

It is important to note that three of the sales correspond to companies linked to the cryptocurrency market. It should also be noted that Ark Invest had previously acquired shares of Coinbase at favorable prices, generating notable returns.

On this occasion, the sale of COIN shares totaled 148,885 units, reaching a value of $27.5 million.

K. Tovar

Source: Criptotendencia

(Reference image source: PiggyBank, Unsplash)

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La entrada Ark Invest sold part of its shares in Coinbase apareció primero en Bitfinance.

In 2023, the technology giant Huawei will have two new data centers after a large investment to expand in Chile and Mexico. They will take their experience in the digital market to more favorable scenarios.

Huawei has a team of professionals who are oriented to new trends that are based on the most advanced technologies for key sectors of every nation such as education, medical services, finance, electronic commerce, banking and governance.

Fernando Liu, Huawei’s CEO for Latin America, advanced the information recently during the celebration of the commemoration of the three years of Huawei Cloud in Latin America, in Rio de Janeiro. He stressed that they are the fourth-largest cloud service in Latin America and are focused on “reaching more industries in the region.”

Latin America has advanced in this matter; however, further investment is still required to underpin cloud technology. Huawei will give its contribution with these two new data centers in 2023, one in Chile and the other in Mexico.

Solid benefits, facilities and time savings are expected not only for people but also for companies with their digital services, thanks to the “incorporation of new technologies to the Latin American network between 2022 and 2023, which will make it faster and more efficient.”

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With information from international media

La entrada Huawei invests in Mexico and Chile apareció primero en Bitfinance.