Block, Bitcoin
Jack Dorsey’s Block Will Invest 10% Of Its Bitcoin Product Profit Into Bitcoin Purchases
The announcement came alongside the company’s earnings report, with its nearly$6 billion in first quarter revenue beating expectations.
Jack Dorsey's Block Adding More Bitcoin to Balance Sheet, Presents Road Map for Others
Payments firm Block (SQ) has begun a dollar cost averaging (DCA) program to add to its already sizable bitcoin (BTC) stack. Led by CEO Jack Dorsey, the company in April began using 10% of its monthly bitcoin-related gross profit to buy additional bitcoin, with plans to do this each month for the remainder of 2024.
Jack Dorsey’s Block (SQ) Q1 2024 Shareholder Letter; Doubles Down on Bitcoin
Jack Dorsey has certainly been an avid believer in Bitcoin and blockchain technology. His recent letter to Block Inc. shareholders keeps living up to his firm belief in a future where Bitcoin’s use cases are well refined.
Jack Dorsey's Block Will Reinvest 10% of Bitcoin Profits Into BTC
After selling $2.7 billion worth of Bitcoin in Q1 2024, Jack Dorsey's Block unveiled a plan to reinvest Bitcoin-related profits into the coin.
Buying Bitcoin? Here's why Block's Jack Dorsey says AI will drive global adoption
Block CEO Jack Dorsey is as bullish as ever on Bitcoin (CRYPTO: BTC), noting that the advancement of AI will help drive universal adoption.
Block to Flip 10% of Bitcoin Profit Into Bitcoin Investments
Block Inc. lifted its full-year profit guidance and revealed plans to invest a portion of its profits from Bitcoin back into the assets, as Jack Dorsey’s company bets big on the currency’s future.
Feds Are Investigating Jack Dorsey's Block Over Bitcoin Biz: Report
Jack Dorsey's Block is reportedly under investigation for compliance issues, including with its Bitcoin business.
Jack Dorsey’s Block Boosts Its Bitcoin Bet With 10% Gain Reinvestment
Block Inc. to reinvest 10% of Bitcoin profits back into Bitcoin, boosting its tech and compliance amidst regulatory scrutiny.
Block 1Q Profit Rises, Plans Bitcoin Investment
By Ben Glickman Block logged a higher profit in the first quarter on continued transaction growth, and said it would reinvest in bitcoin through the end
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Jack Dorsey's Block invests in Bitcoin's with 10% monthly profit allocation
Twitter founder Jack Dorsey’s payments firm Block has announced plans to plow 10% of profits from its products back into ...
CoinTelegraph2d
Jack Dorsey’s Block is ‘DCA’ing’ into Bitcoin every month
Twitter co-founder Jack Dorsey said his fintech firm Block will flip 10% of its gross profit made off its Bitcoin ...
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Dorsey’s Block ramps up Bitcoin holdings to $4.7 billion
Block, the payments firm led by CEO Jack Dorsey, has laucnhed a dollar cost averaging (DCA) program to expand its bitcoin holdings.
Block to add more bitcoin to its treasury, lifts annual forecast
Block lifted its full-year adjusted core earnings forecast on Thursday and revealed plans to add more bitcoin to its balance ...