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,...
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...
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...