🚀 Cathie Wood Doubles Down on Crypto with Massive Block Inc. Buy!

📢 Ark Invest’s latest data reveals that Cathie Wood purchased 262,463 shares of Jack Dorsey’s Block Inc. across multiple Ark funds—including ARKF, ARKW, and ARKF—bringing her total stake to 1.62% of Ark’s portfolio, valued at $169 million.

📊 This move follows Block’s impressive Q2 results, with a $1.5 billion profit and 16% YoY growth, alongside increased Bitcoin holdings. The stock surged to $85 last week and recently entered the S&P 500, signaling stronger liquidity and investor confidence.

🌐 Cathie Wood’s renewed focus on crypto firms is clear—with this Block investment coming hot on the heels of her August COIN stock purchases. It’s a bold bet on the future of Bitcoin adoption and fintech innovation, led by industry pioneers like Jack Dorsey.

#CathieWood #ArkInvest #BlockInc #Bitcoin #Crypto

https://coingape.com/cathie-wood-buys-262463-block-inc-shares-as-jack-dorsey-pushes-for-btc-adoption/?utm_source=bnb&utm_medium=coingape