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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 as of Q1 (Paige Smith/Bloomberg) 03-05-2024

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 Lees verder op Tech Meme