Ark Invest Doubles Down on Block Holdings, Acquires Massive Stake Worth $30.9 Million

Financial powerhouse Ark Invest, spearheaded by visionary investor Cathie Wood, has significantly increased its investment in Block through a recent stock purchase. The firm acquired an additional 385,585 shares, adding approximately $30.9 million to their holdings. This strategic move underscores Ark Invest’s unwavering belief in Block’s robust growth potential and dominance within the financial landscape.