Jack Dorsey, Block and 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 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.
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 doubles down on Bitcoin, commits 10% of product profit to monthly BTC purchases
Jack Dorsey's Block will allocate 10% of its Bitcoin product profits to monthly BTC purchases as part of its commitment to the flagship crypto.
Jack Dorsey-Led Block Announces Plan To Invest 10% of Its Gross Profit From Bitcoin Products Directly Into BTC
Jack Dorsey's fintech conglomerate Block is now investing 10% of its gross profit from Bitcoin products directly into BTC itself.
Jack Dorsey Pledges $21 Million for Bitcoin Development
Jack Dorsey donates $21M to OpenSats to advance Bitcoin and Nostr, aiming to make Bitcoin the internet's native currency.
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.
El Salvador Inspired? Jack Dorsey's Block Unveils New Monthly BTC Buying Strategy
A day after the release of a report that alleged Block was being investigated for non-compliance in its Square and Cash App units, the company's founder unveiled a new Bitcoin strategy that will see some of the fintech firm's profits being invested into the digital asset.
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.
Bitcoin News: Jack Dorsey's Block to reinvest 10% of month profit in world's largest cryptocurrency
As the Jack Dorsey-led company bets heavily on the cryptocurrency. The company's shares rose 7.9% after the bell, according to Reuters report.
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Twitter Creator’s Block to Invest Heavily in Bitcoin: A Vote of Confidence in Crypto
Jack Dorsey, the founder of Twitter, has shown a strong commitment to investing in Bitcoin. He plans to strengthen his ...
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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 ...
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Bitcoin Fan Jack Dorsey Takes Kendrick Lamar’s Side in Drake Beef
Twitter co-founder Jack Dorsey is using his platform to ride with Kendrick Lamar in the rapper’s ongoing feud with hip-hop artist Drake.
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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 ...