{"id":75534,"date":"2023-03-14T15:32:43","date_gmt":"2023-03-14T13:32:43","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=75534"},"modified":"2025-09-10T12:11:37","modified_gmt":"2025-09-10T09:11:37","slug":"ark-invests-cathie-wood-buys-block-shares-for-6-4-million","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ark-invests-cathie-wood-buys-block-shares-for-6-4-million\/","title":{"rendered":"ARK Invest&#8217;s Cathie Wood buys Block shares for $6.4 million"},"content":{"rendered":"<p>Three Ark Invest funds bought an additional 92,165 shares of Jack Dorsey&#8217;s Block for an approximate $6.4 million. This is stated in the organization&#8217;s <a href=\\\"https:\/\/ark-funds.com\/ark-trade-notifications\/\\\">trading notifications<\/a>.<\/p>\n<p>ARK Innovation ETF (ARKK) purchased 77,991 shares, ARK Next Generation Internet ETF (ARKW) added 13,170 shares, and ARK Fintech Innovation ETF (ARKF) acquired 1,004.<\/p>\n<p>After the close on March 13, Block&#8217;s stock fell 2.18%, trading at $69.46.<\/p>\n<figure class=\\\"wp-block-image size-large\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" width=\\\"1024\\\" height=\\\"380\\\" src=\\\"https:\/\/forklog.com\/wp-content\/uploads\/image1-568-1024x380.png\\\" alt=\\\"image1-568\\\" class=\\\"wp-image-200501\\\" srcset=\\\"https:\/\/forklog.com\/wp-content\/uploads\/image1-568-1024x380.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/image1-568-300x111.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/image1-568-768x285.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/image1-568.png 1430w\\\" sizes=\\\"auto, (max-width: 1024px) 100vw, 1024px\\\" \/><figcaption>Data: <a href=\\\"https:\/\/www.tradingview.com\/symbols\/NYSE-SQ\/\\\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Earlier, the former Twitter chief <a href=\"https:\/\/forklog.com\/en\/news\/jack-dorsey-announces-mining-development-kit-for-bitcoin-mining-developers\">announced<\/a> \u00aba Bitcoin mining developer kit\u00bb.<\/p>\n<p><a href=\"https:\/\/forklog.com\/en\/news\/ark-invests-cathie-wood-allocates-9-3-million-toward-coinbase-shares\">In February 2023, ARK Invest purchased Coinbase shares for sums <a href=\"https:\/\/forklog.com\/en\/news\/ark-invests-cathie-wood-allocates-9-3-million-toward-coinbase-shares\">about $9.3 million<\/a> and <a href=\"https:\/\/forklog.com\/en\/news\/ark-invest-buys-more-coinbase-shares-worth-about-6-7-million\">about $6.7 million<\/a>.<\/p>\n<p>In early March, the firm\u2019s <a href=\"https:\/\/forklog.com\/en\/news\/ark-invests-cathie-wood-buys-coinbase-and-robinhood-shares-for-13-4-million\">added<\/a> Robinhood securities for $3.44 million and $9.97 million, respectively. <\/p>\n<p>Later, the funds <a href=\"https:\/\/forklog.com\/en\/news\/ark-invests-cathie-wood-adds-coinbase-shares-worth-about-20-million\">added<\/a> Coinbase shares to their portfolios for $20 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Three Ark Invest funds bought an additional 92,165 shares of Jack Dorsey\u2019s Block for about $6.4 million.<\/p>\n","protected":false},"author":1,"featured_media":75535,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1218,1346,1219],"class_list":["post-75534","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ark-invest","tag-block","tag-cathie-wood"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/75534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=75534"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/75534\/revisions"}],"predecessor-version":[{"id":75536,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/75534\/revisions\/75536"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/75535"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=75534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=75534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=75534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}