Square Inc (NYSE:SQ), ramping up its foray into
Bitcoin (CRYPTO: BTC)
Bitcoin (CRYPTO: BTC) hardware wallet.
Shares of Square closed 1.04% higher at $237.52 on Friday.
Ark Invest deployed both
Ark Innovation ETF (NYSE:ARKK) and
Ark Next Generation Internet ETF (NYSE:ARKW) to buy Square shares on Friday, nearly a month after the last trade when it shed some of its stake in the company.
The investment firm also holds a stake in Square via the
Ark Fintech Innovation ETF (NYSE:ARKF).
Together, the three ETFs held 7.07 million shares, worth $1.66 billion, ahead of Friday’s trade.
Square CEO Jack Dorsey, who also heads