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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+0.15%

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.
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