Ark Invest Adds $37 Million of Bitcoin and Block Shares to Its Portfolio

Ark Invest, the investment arm of Cathie Wood’s ARK Investment Management, has increased its exposure to both Bitcoin and the payments sector. The firm’s recent filings show a $37 million purchase of Bitcoin and a sizable stake in Block, the company behind the Cash App platform.

Bitcoin Purchase

Ark Invest added approximately $37 million of Bitcoin to its holdings. The purchase reflects the firm’s continued confidence in Bitcoin as a long‑term store of value.

Block Investment

Across three of Ark’s exchange‑traded funds, the firm acquired a total of 456,059 shares of Block. The acquisition expands Ark’s exposure to the payments and fintech space, where Block’s Cash App and other services operate.

Circle Stock Addition

In addition to Bitcoin and Block, Ark Invest bought roughly $3.4 million of Circle stock, further diversifying its crypto‑related holdings.

Portfolio Impact

The combined moves increase Ark’s allocation to digital assets and fintech companies, aligning with its broader strategy of investing in disruptive technologies.