{"id":75618,"date":"2023-03-15T17:20:17","date_gmt":"2023-03-15T15:20:17","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=75618"},"modified":"2025-09-10T12:40:33","modified_gmt":"2025-09-10T09:40:33","slug":"ark-invest-buys-jack-dorseys-block-shares-for-the-second-time-in-a-week","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/ark-invest-buys-jack-dorseys-block-shares-for-the-second-time-in-a-week\/","title":{"rendered":"ARK Invest buys Jack Dorsey&#8217;s Block shares for the second time in a week"},"content":{"rendered":"<p>Three ARK Invest ETFs added to their holdings in Jack Dorsey\u2019s Block for a total of more than $13.7 million. This is stated in the structure&#8217;s <a href=\"https:\/\/ark-funds.com\/our-etfs\/\">trading documents<\/a>.<\/p>\n<p>ARK Innovation ETF (ARKK) added 159,654 shares to its portfolio, ARK Next Generation Internet ETF (ARKW) bought 25,783 shares, and ARK Fintech Innovation ETF (ARKF) \u2014 847.<\/p>\n<p>On March 14, Block shares closed at $73.63 on the Nasdaq, up 4%. In early trading on March 15, quotes were revised somewhat. At the time of writing, the shares were trading near $72.38.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"467\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/SQ_2023-03-15_16-57-58-1024x467.png\" alt=\"\u0434\u0438\u043d\u0430\u043c\u0438\u043a\u0430 \u0430\u043a\u0446\u0438\u0439 Block\" class=\"wp-image-200691\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/SQ_2023-03-15_16-57-58-1024x467.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/SQ_2023-03-15_16-57-58-300x137.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/SQ_2023-03-15_16-57-58-768x350.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/SQ_2023-03-15_16-57-58-1536x700.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/SQ_2023-03-15_16-57-58.png 1813w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Hourly SQ\/USD chart on Nasdaq. Data: <a href=\"https:\/\/www.tradingview.com\/symbols\/NYSE-SQ\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Earlier, Kathy Wood&#8217;s <a href=\"https:\/\/u1f987.com\/en\/news\/ark-invests-cathie-wood-buys-block-shares-for-6-4-million\">bought<\/a> a total of 92,165 shares of the former Twitter chief&#8217;s company for about $6.4 million.<\/p>\n<p>In February 2023, ARK Invest began actively buying Coinbase shares, spending <a href=\"https:\/\/u1f987.com\/en\/news\/ark-invests-cathie-wood-allocates-9-3-million-toward-coinbase-shares\">$9.3 million<\/a> and <a href=\"https:\/\/u1f987.com\/en\/news\/ark-invest-buys-more-coinbase-shares-worth-about-6-7-million\">$6.7 million<\/a> on them.<\/p>\n<p>In early March, the funds <a href=\"https:\/\/u1f987.com\/en\/news\/ark-invests-cathie-wood-buys-coinbase-and-robinhood-shares-for-13-4-million\">bought more<\/a> the securities of the American cryptocurrency exchange and online broker Robinhood for $3.44 million and $9.97 million, respectively.<\/p>\n<p>Later, the funds <a href=\"https:\/\/u1f987.com\/en\/news\/ark-invests-cathie-wood-adds-coinbase-shares-worth-about-20-million\">added<\/a> to their portfolios more Coinbase shares worth $20 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Three ARK Invest ETFs bought Block shares for a total of more than $13.7 million.<\/p>\n","protected":false},"author":1,"featured_media":75619,"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],"class_list":["post-75618","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-ark-invest"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/75618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=75618"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/75618\/revisions"}],"predecessor-version":[{"id":75620,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/75618\/revisions\/75620"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/75619"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=75618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=75618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=75618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}