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

2024-05-06 14:07:47

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ChainCatcher news, Block Inc. co-founder Jack Dorsey announced that starting in April 2024, Block will allocate 10% of the gross profit from Bitcoin-related products each month to purchase Bitcoin. This move comes after Block Inc. reported significant profits from Bitcoin trading in the first quarter, resulting in the company currently holding 8038 BTC.

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