Paige Smith / Bloomberg:

Block plans to invest 10% of its gross profit from bitcoin products each month into bitcoin purchases; its $220M BTC investment grew by ~160% to $573M as of Q1  —  - Jack Dorsey's digital payments firm lifts 2024 profit outlook  — Bitcoin is best candidate for open money protocol: Dorsey

Paige Smith / Bloomberg:

Block plans to invest 10% of its gross profit from bitcoin products each month into bitcoin purchases; its $220M BTC investment grew by ~160% to $573M as of Q1  —  - Jack Dorsey's digital payments firm lifts 2024 profit outlook  — Bitcoin is best candidate for open money protocol: Dorsey

Source: TechMeme
Source Link: http://www.techmeme.com/240502/p43#a240502p43