Cathie Wood's Ark Invest sells $3.8 million GBTC, buys $5.6 million Block

México Noticias Noticias

Cathie Wood's Ark Invest sells $3.8 million GBTC, buys $5.6 million Block
México Últimas Noticias,México Titulares
  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 53%

Ark Invest sold 139,506 GBTC shares on Monday, worth $3.8 million. Ark also bought 113,326 shares of Block, Inc. worth $5.6 million.

Cathie Wood’s Ark Invest sold another tranche of Grayscale Bitcoin Trust on Monday, offloading 139,506 GBTC shares from its ARK Next Generation Internet fund .

GBTC currently trades at $26.95 in pre-market trading, up more than 30% over the past month, according to TradingView. GBTC’s discount to net asset value — meaning how much lower the market price of each share is than the value of the bitcoin it represents — is trading below 15% for the first time since December 2021, according to The Block’s data dashboard.

Jack Dorsey’s Block, Inc. reported a 22% rise in bitcoin gross profit for Q3 last week, bringing in $45 million compared to $37 million during the same period in 2022. The growth was attributed to a rise in the average market price of bitcoin and an uptick in the volume of bitcoin sold to customers via its Cash App mobile payment service, according to the company’s shareholder letter. Block, Inc. currently trades at $49.23 in pre-market trading, according to TradingView.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

TheBlock__ /  🏆 464. in US

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Ark: Survival Ascended’s Release Date Is Great News For Ark 2Ark: Survival Ascended’s Release Date Is Great News For Ark 2Ark 2 has had a rough history of delays, but things may finally be looking up thanks to the concrete leap made by Ark: Survival Ascended.
Leer más »

Cathie Wood has a blunt warning about Tesla’s stock over the coming monthsArk Invest's Tesla holding has been steadily falling.
Leer más »

First Mover Americas: FTX Wants to Sell Its GBTCFirst Mover Americas: FTX Wants to Sell Its GBTCLyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of other crypto assets.
Leer más »

Ark: Survival Ascended Gets Xbox Release Date, PS5 Version DelayedArk: Survival Ascended Gets Xbox Release Date, PS5 Version DelayedArk: Survival Ascended is still 'on track' to release for Xbox and PS5 in November.
Leer más »

Ollie Watkins and Josh Denzel Invest in Sneaker Reseller The Edit LdnOllie Watkins and Josh Denzel Invest in Sneaker Reseller The Edit LdnIn addition, the platform on Tuesday will launch a sneaker wall at Avirex’s Berwick Street store in Soho, London.
Leer más »

The best cashmere loungewear to invest in for winterThe best cashmere loungewear to invest in for winterNaomi Gordon is news writer mainly covering entertainment news with a focus on celebrity interviews and television.
Leer más »



Render Time: 2025-03-10 17:46:54