Cathie Wood's investment management firm, Ark Invest, has made a significant financial move by acquiring $30.9 million worth of shares in Block Inc., a company co-founded by tech entrepreneur Jack Dorsey, known for his influential role in the development of social media platforms and digital payment solutions. This strategic investment reflects Ark Invest's ongoing commitment to identifying and supporting innovative companies positioned for growth in the rapidly evolving technology sector.
source: https://www.coindesk.com/markets/2025/10/28/ark-invest-adds-usd30-9m-of-shares-in-jack-dorsey-s-fintech-firm-block