Ark Invest increased its stake in Block shares worth $6.4 million

ChainCatcher news, according to The Block, Ark Invest has increased its holdings of Block shares worth $6.4 million across three separate funds, including an increase of 77,991 shares in the Ark Innovation ETF, 13,170 shares in the Ark Next Generation Internet, and 1,004 shares in the Ark Fintech Innovation ETF.

It is reported that Block was founded by Twitter co-founder Jack Dorsey, aiming to unleash more innovation in the Bitcoin mining sector and reduce energy consumption. (source link)