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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


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2024-05-02 22:23:11
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Cybersecurity Business

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




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: TechMeme
Source Link: http://www.techmeme.com/240502/p43#a240502p43


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