Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Block Inc. Joint Creation: Starting from April 2024, 10% of the gross profit from Bitcoin-related products will be used to purchase Bitcoin every month

Block Inc. Joint Creation: Starting from April 2024, 10% of the gross profit from Bitcoin-related products will be used to purchase Bitcoin every month

Bitget2024/05/06 06:09
BTC-0.17%

Block Inc. co-founder Jack Dorsey announced that starting from April 2024, Block will take out 10% of the gross profit from Bitcoin-related products every month to purchase Bitcoin. This move was made after Block Inc. reported a substantial profit from Bitcoin trading in the first quarter, which has resulted in the company currently holding 8038 BTC.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Trump: Stocks and 401k plans have reached all-time highs, while inflation, prices, and taxes are all decreasing
2
A certain "contract-quitting, spot-buying" whale address has accumulated 7,066 ETH in the past 5 days

Crypto prices

More
Bitcoin
Bitcoin
BTC
$90,773.96
-1.80%
Ethereum
Ethereum
ETH
$2,997.47
-2.50%
Tether USDt
Tether USDt
USDT
$1
+0.03%
XRP
XRP
XRP
$2.2
-0.97%
BNB
BNB
BNB
$877.93
-2.21%
USDC
USDC
USDC
$1
+0.00%
Solana
Solana
SOL
$136.82
-3.91%
TRON
TRON
TRX
$0.2813
+0.38%
Dogecoin
Dogecoin
DOGE
$0.1489
-2.35%
Cardano
Cardano
ADA
$0.4168
-3.03%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter