Cathie Wood 2026 Portfolio: 5 Best Stocks to Buy

4. Coinbase Inc (NASDAQ:COIN)

ARK’s Stake Value: $574.8 Million

Cathie Wood has reduced her exposure to Coinbase Inc (NASDAQ:COIN) over the past several quarters, but the crypto company remains among the top holdings of the hedge fund manager. ARK owns a $574.8 million stake in the company as of the end of Q4.

Coinbase Inc (NASDAQ:COIN) shares are down about 17% so far this year amid extreme volatility and uncertainty the crypto industry is facing. However, some believe it’s an attractive entry point for investors willing to stomach risks. Coinbase Inc (NASDAQ:COIN) is moving away from trading fees and trying to increase its subscription revenue and diversify. In Q4, its subscription and services revenue rose 13% year over year and accounted for about 43% of the total sales. Non‑trading revenue has increased fivefold in the past five years. Coinbase Inc (NASDAQ:COIN) can also benefit from a potential shift to equities, stablecoins and prediction markets.

Patient Opportunity Equity Strategy stated the following regarding Coinbase Global, Inc. (NASDAQ:COIN) in its fourth quarter 2025 investor letter:

“Coinbase Global, Inc. (NASDAQ:COIN was a top detractor during the quarter as crypto-related equities followed digital asset prices lower. While price action weighed on results this quarter, we view the move as largely cyclical. Over the long term, we continue to believe Coinbase is evolving beyond a pure crypto trading venue into a broader, scaled financial exchange. As the platform expands into adjacent products including their own layer-2 blockchain known as Base, equity trading, ETF trading, stable coins and prediction markets, we believe Coinbase is positioning itself as a one-stop destination for a new generation of traders and investors. Coupled with the continued maturation of the digital asset ecosystem, increasing institutional participation, and broader adoption, we see this expanding product set supporting greater engagement, diversification of revenues, and attractive long-term earnings power as activity normalizes.”