{"id":74258,"date":"2026-02-28T21:47:07","date_gmt":"2026-02-28T21:47:07","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=74258"},"modified":"2026-02-28T21:47:07","modified_gmt":"2026-02-28T21:47:07","slug":"cathie-wood-chase-coleman-bet-on-block-now-jack-dorsey-is-rewriting-the-cost-curve","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=74258","title":{"rendered":"Cathie Wood, Chase Coleman Bet On Block \u2014 Now Jack Dorsey Is Rewriting The Cost Curve"},"content":{"rendered":"<div>\n<p>Billionaire investors had already built exposure. The cost curve is now being rewritten. Shares of <strong>Block Inc<\/strong> <a class=\"ticker-link\" data-ticker=\"XYZ\" data-exchange=\"NYSE\" href=\"https:\/\/www.benzinga.com\/quote\/XYZ\" target=\"_blank\" rel=\"noopener\">(NYSE:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/XYZ\">XYZ<\/a>) surged roughly 20% premarket after CEO <strong>Jack Dorsey<\/strong> announced the company will cut nearly 4,000 employees \u2014 about 40% of its workforce \u2014 to become &#8220;more compact, flat, and AI-focused.&#8221;<\/p>\n<p>The stock, currently up over 17% and trading at around $63.90 per share, entered the week down double digits year to date. Then Dorsey rewrote the operating model.<\/p>\n<h2 class=\"wp-block-heading\">Billionaires Were Already Buying<\/h2>\n<p>In the fourth quarter, <strong>ARK Investment Management<\/strong>, led by <strong>Cathie Wood<\/strong>, increased its Block stake by more than 26%, owning roughly 3.4 million shares.<\/p>\n<p><strong>Tiger Global Management<\/strong>, run by <strong>Chase Coleman<\/strong>, boosted its position nearly 44%, during the same period, holding about 6.4 million shares.<\/p>\n<p>That positioning matters.<\/p>\n<p>Both managers have historically leaned into platform businesses with operating leverage &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/hedge-funds\/26\/02\/50930882\/cathie-wood-chase-coleman-bet-on-block-now-jack-dorsey-is-rewriting-the-cost-curve?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Cathie\" wood chase coleman bet on block now jack dorsey is rewriting the cost curve>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Billionaire investors had already built exposure. The cost curve is now being rewritten. Shares of Block Inc (NYSE:XYZ) surged roughly 20% premarket after CEO Jack Dorsey announced the company will cut nearly 4,000 employees \u2014 about 40% of its workforce \u2014 to become &#8220;more compact, flat, and AI-focused.&#8221; The stock, currently up over 17% and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-74258","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/74258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=74258"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/74258\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=74258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=74258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=74258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}