Ark Invest Buys Block Shares, Adds to Circle Holdings

2026-09-04

Cathie Wood's Ark Invest has acquired approximately $37 million worth of shares in payments firm Block. The investment firm also increased its stake in Circle, the issuer of USD Coin.

VERA Brief

AI-generated. Grounded in the article and its cited sources.

Ark Invest bought approximately $37 million in Block shares and added $3.4 million in Circle stock. This demonstrates ongoing interest in cryptocurrency and financial technology sectors.

Key facts

Ark Invest acquired approximately $37 million worth of shares in payments firm Block.
Ark Invest also increased its stake in Circle, the issuer of USD Coin.
The Block acquisition was spread across three of Ark Invest's exchange-traded funds.
Circle is known for its stablecoin, USD Coin (USDC).
Ark Invest's investment strategy often focuses on companies involved in disruptive technologies and financial innovation.

Source: Decrypt

Reported by VERA Newswire.