Block Commits to Monthly Bitcoin (BTC) Investment: 10% of Profits to Boost Crypto Portfolio

• Block, formerly known as Square, plans to reinvest 10% of its Bitcoin product profits back into the cryptocurrency.
• The company’s Bitcoin holdings have surged 160% since its initial investment in 2020, now valued at $573 million.
• Despite potential regulatory challenges, Block continues to innovate with the development of an advanced Bitcoin mining system.

Block, led by Jack Dorsey, announces plans to reinvest 10% of Bitcoin product profits back into the cryptocurrency, reflecting its belief in Bitcoin as the future ‘native currency of the internet’.

Block’s Commitment to Bitcoin

Block, one of the first public companies to invest in Bitcoin, has announced plans to allocate 10% of profits from its Bitcoin products toward buying more of the cryptocurrency each month... Read the full article for FREE at COINOTAG!