Block’s Bold Crypto Venture: Will Jack Dorsey’s Bet on Bitcoin (BTC) Yield High Returns?

• Block, a financial technology company led by Jack Dorsey, has decided to allocate 10% of its Bitcoin product profits towards purchasing crypto every month.
• The company’s Bitcoin holdings have increased from $220 million in 2020 to $573 million, a 160% increase.
• Dorsey has been known for his preference for Bitcoin, leading to speculation that the company’s crypto investments will be focused on BTC.

Block, led by Jack Dorsey, plans to use 10% of its Bitcoin product profits to buy crypto every month, increasing its current Bitcoin holdings of $573 million.

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