Cathie Wood’s ARK Invest continues bullish stance with additional investments in Block Inc. shares
Cathie Wood, CEO of ARK Invest, remains undeterred by recent regulatory actions in the cryptocurrency industry. She has purchased an additional $19.9 million worth of shares in Block Inc. following a $21 million investment in Coinbase stock. Despite the Securities and Exchange Commission’s (SEC) lawsuits against industry giants Binance and Coinbase, Wood demonstrates confidence through…