Markets · News
ARK funds add 456,059 Block shares after August pullback
The purchases across three exchange-traded funds were worth about $37.4 million at Monday's close, increasing exposure to the Bitcoin and payments company.
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Companies · 4 min readBlock's bitcoin profit falls after Cash App fee cuts while stablecoin support expands
The fintech's bitcoin ecosystem gross profit dropped 31% in the second quarter, even as total company profit rose and Cash App added USDC transactions across multiple chains.
Markets · 3 min readStrategy resumes Bitcoin buying with a $369.7 million purchaseThe company bought 4,603 BTC after a ten-week pause, while also repurchasing preferred shares and adding to its dollar liquidity.
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