Oriental Harbor's strategic shift includes a $54.7 million investment in Coinbase, reflecting a growing interest in the cryptocurrency sector.
Oriental Harbor, led by Dan Bin, has increased its U.S. stock holdings to a total market value of $1.126 billion as of the end of Q2 2023, up from $868 million in Q1. The fund now holds 13 U.S. stocks, with Coinbase being a notable addition valued at approximately $54.7 million.