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Jack Dorsey’s Square Inc Invests $50 Million in Bitcoin (BTC)

In a major announcement on Thursday, October 8, Jack Dorsey-backed Square Inc. (NYSE: SQ) announced that they have invested a massive $50 million in Bitcoin. With the total purchase amount of 4,709 BTC, the purchase happened at an average price of $10617.

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Ledger Nano X - The secure hardware wallet