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

CointimeCointime2024/05/06 06:43
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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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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