ARK Invest Buys $19M of Jack Dorsey’s Block as Stock Tumbles to $73

Cathie Wood Bets $19 Million More On Jack Dorsey's Block Amid Bitcoin's All-Time High Push, Dumps Shopify Stock - ARK Fintech Innovation ETF (BATS:ARKF)

On Monday, Cathie Wood-led Ark Invest made significant trades involving Block Inc. (NYSE:XYZ) and Shopify Inc. (NASDAQ:SHOP). The Block Trade saw Ark Invest making substantial purchases of the shares across multiple ETFs. The Ark Fintech Innovation ETF (BATS:ARKF) fund acquired 39,957 shares, while the ARK Innovation ETF (BATS:ARKK) added 152,980 shares, and the ARK Next Generation Internet ETF (BATS:ARKW) bought 69,526 shares. The total value o…

Cathie Wood Snaps Up 262K Block Shares as Jack Dorsey Champions Bitcoin Expansion News ETHNews

Cathie Wood’s Ark Invest has purchased 262,463 shares of Jack Dorsey’s Block Inc. across three ETFs, capitalizing on a 15% price dip following strong Q2 earnings and the company’s addition to the S&P 500 index. The move aligns with Dorsey’s aggressive Bitcoin adoption push through subsidiaries like Cash App, Square, and Bitkey, as Block expands its BTC treasury and launches new Bitcoin banking solutions. Cathie Wood, the high-profile investor kn…

Cathie Wood’s ARK Bags $19M In Jack Dorsey's Block Shares – #CryptoUpdatesGNIT

Cathie Wood’s ARK Invest has returned to purchasing shares of Jack Dorsey’s financial services company Block after a prolonged sell-off. ARK snapped up 262,463 shares of Dorsey’s Block (XYZ) on Monday, according to a trade notification seen by Cointelegraph. With the stock closing at $73, the purchase was worth $19.2 million. Block (XYZ) daily sales by ARK Invest’s funds on Monday. Source: ARK Invest The acquisition comes with Block seeing a not…

ARK Invest Snaps Up $19M in Block Shares as Prices Drop to $73

In a striking move that underlines the growing institutional interest in cryptocurrency innovations, Cathie Wood’s Ark Investment Management has recently invested a hefty sum into a venture led by Jack Dorsey’s Block. This development not only reinforces the synergy between traditional finance entities and digital currency projects but also highlights the ever-evolving landscape of blockchain technology. A Strategic Investment Ark Investment Man…

ARK Invest buys $19M of Jack Dorsey’s Block as stock tumbles to $73

Cathie Wood’s ARK Invest has resumed buying shares of Jack Dorsey’s financial services firm Block after a prolonged sell-off, bagging $19 million XYZ shares.

Cathie Wood Buys 262,463 Block Inc. Shares As Jack Dorsey Pushes for BTC Adoption

Cathie Wood, popular for her bets on crypto firms, has recently loaded 262,463 shares of Jack Dorsey’s Block Inc (NYSE: XYZ) on August 11, across three of its Ark Invest funds. This development just as Dorsey has been pushing for BTC adoption through the company’s subsidiaries like Cash App, Square, etc. Wood’s latest purchase comes The post Cathie Wood Buys 262,463 Block Inc. Shares As Jack Dorsey Pushes for BTC Adoption appeared first on CoinG…