Block Inc. Lianchuang: Starting from April 2024, 10% of the gross profit of Bitcoin-related products will be used to purchase Bitcoin every month
By:Cointime
Jack Dorsey, co-founder of payment company Block Inc., announced that starting from April 2024, Block will allocate 10% of its monthly gross profit from Bitcoin-related products to purchase Bitcoin. This move comes after Block Inc. reported significant profits from Bitcoin transactions in the first quarter, resulting in the company currently holding 8038 BTC.
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