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

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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’.

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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!