Bitcoin

Block

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<ul> 
 <li>Block, Inc., led by Twitter co-founder Jack Dorsey, announces plans to invest 10% of its gross profit from Bitcoin products into buying Bitcoin every month.</li> 
 <li>The company currently holds 8,038 BTC, valued at $573 million, with reported paper gains of $233 million.</li> 
 <li>Gross profit from Bitcoin products surged nearly 60% year-on-year to $80.1 million.</li> 
</ul> 
<p><strong>Block, Inc., led by Twitter co-founder Jack Dorsey, signals strong confidence in Bitcoin with plans to invest 10% of its gross profit from Bitcoin products into buying more of the cryptocurrency every month.</strong></p> 
<h2 id="strong-block-s-commitment-to-bitcoin-strong"><strong>Block’s Commitment to Bitcoin</strong></h2> 
<p>In a move signaling strong confidence in Bitcoin and a commitment to its adoption, Jack Dorsey, co-founder of Twitter and CEO of Block, Inc., announced that Block will allocate 10% of its gross profit from Bitcoin products into buying Bitcoin every month. Dorsey revealed this plan in a shareholder letter released on May 2, along with Block’s better-than-expected first-quarter results. “Going forward, each month we will be investing 10% of our gross profit from Bitcoin products into Bitcoin purchases,” wr... <a href="https://en.coinotag.com/block-diversifies-portfolio-dedicates-10-of-bitcoin-btc-gross-profit-to-monthly-crypto-investments/">Read the full article for FREE at COINOTAG!</a></p>

Block Diversifies Portfolio, Dedicates 10% of Bitcoin (BTC) Gross Profit to Monthly Crypto Investments

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