TechFlow, Oct. 28 — According to The Block, Cathie Wood's Ark Invest purchased $30.9 million worth of Block Inc. shares through three exchange-traded funds on Monday, totaling 385,585 shares.
Specifically, ARKK bought 210,916 shares of Block, ARKW acquired 59,827 shares, and ARKF purchased 114,842 shares.
Block Inc., co-founded by Jack Dorsey, is a financial services and technology company operating multiple businesses within the crypto asset ecosystem, including Square's point-of-sale hardware and software, the Cash App mobile wallet, the Bitkey Bitcoin hardware wallet, and the Proto Bitcoin mining system.
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