Cathie Wood’s Ark Invest Bets $37M on Block as Crypto-Focused Portfolio Gets a Boost
TL;DR
- Ark Invest bought 456,059 Block shares worth about $37.4 million, spreading the position across ARKK, ARKW, and ARKF.
- The purchase came after Block lifted its 2026 gross-profit outlook to $12.51 billion, reinforcing Ark’s interest in fintech and Bitcoin-linked infrastructure.
- Ark also added $3.36 million in Circle shares, giving its latest trades a broader digital-asset focus across payments, stablecoins, and Bitcoin.
Cathie Wood’s Ark Invest has added another sizable position in Block, betting on the Jack Dorsey-led payments company as it expands exposure to Bitcoin, fintech, and digital assets. The purchase came as Block shares pulled back, giving Ark another opportunity to add to its position.
Here is every move that Cathie Wood and Ark Invest made in the stock market today 8/31 pic.twitter.com/K5P38vsx7K
- Ark Invest Tracker (@ArkkDaily) September 1, 2026
Ark bought 456,059 Block shares on Monday for about $37.4 million, according to the firm’s latest trading disclosure. The shares were distributed among the ARK Innovation ETF, ARK Next Generation Internet ETF, and ARK Blockchain & Fintech Innovation ETF. Block closed at $82.02, down 1.85% for the session.
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