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Cathie Wood invests $19.9m in Jack Dorsey’s Block

0xMain
June 9, 2023

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ARK Invest has made a substantial investment of $19.9 million in Block Inc. It expanded its stake in the company just hours after investing $21 million in Coinbase stock. Despite recent regulatory actions against significant crypto industry players, such as Binance and Coinbase,...

Hindenburg Research and its damage to Jack Dorsey’s crypto empire

0xMain
April 3, 2023

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In the wake of a damning report by short-selling firm Hindenburg Research, Jack Dorsey’s Block Inc. (SQ) faced its worst week in over three years. NEW FROM US: Block—How Inflated User Metrics and “Frictionless” Fraud Facilitation Enabled Insiders To Cash Out Over $1...

Dorsey’s Block stock plummets after alarming report

0xMain
March 23, 2023

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Block Inc.’s stock currently trades at $62.66, experiencing a loss of 13% today and 12% over the past month. This significant fall in price followed the release of an alarming report by Hindenburg Research. On March 23, Hindenburg Research revealed short positions in...