Summary by Futu AI
Roelof Botha, associated with Block, Inc. [SQ], completed a significant acquisition of Block shares on August 6, 2024. The transactions were made through SC US/E Expansion Fund I Management, L.P., with a total of 434,405 Class A Common Shares purchased. The shares were acquired in two separate transactions, with prices ranging from $56.8591 to $57.8226 per share. Following these transactions, the total number of shares beneficially owned by Botha is 684,741. This strategic move indicates a bolstering of Botha's investment in the company, reflecting a potential positive outlook on Block's future performance.