Block Is Buying Bitcoin Every Month for Its Balance Sheet

1 week ago 16
MyIPFS Script: Gateway to Your IPFS Network

Jack Dorsey's Block Is Buying Bitcoin Every Month for Its Balance SheetBlock Inc. has announced its strategy of regularly purchasing bitcoin for its corporate balance sheet via dollar-cost averaging (DCA). The company plans to allocate 10% of its monthly gross profit from bitcoin products towards investments in the cryptocurrency. “We view bitcoin as an instrument of global economic empowerment; it is a way for individuals around […]

BitNews.press shares this Content with License.

Read Entire Article

Block Is Buying Bitcoin Every Month for Its Balance Sheet