Block plans to invest 10% of its gross profit from bitcoin products each month into bitcoin purchases; its $220M BTC investment grew by ~160% to $573M as of Q1 (Paige Smith/Bloomberg)
Paige Smith / Bloomberg: Block plans to invest 10% of its gross profit from bitcoin products each month into bitcoin purchases; its $220M BTC investment grew by ~160% to $573M as of Q1 — – Jack Dorsey’s digital payments firm lifts 2024 profit outlook — Bitcoin is best candidate for open money protocol: Dorsey Source […]







