U.S. hedge fund magnate Steve Cohen has also jumped in to buy the stock, according to filings with the Hong Kong stock exchange.
The tempestuous situation poses myriad thorny questions for which there are no easy answers.
Block is joining the S&P 500, replacing Hess as of July 23.
American Express said Friday that travel spending in the quarter was weaker than transactions for goods and services.
Here are some of the stocks posting the largest moves in midday trading.
These are the stocks posting the largest moves in early trading.
Banks are giving the all-clear signal on the U.S. economy during the turbulent opening months of the second Trump presidency.
These are the stocks posting the largest moves midday.
These are the stocks posting the largest moves in the premarket.
It comes as there have been multiple headlines this year about crypto entrepreneurs and their relatives being targeted with physical violence.