Block Inc. Lianchuang: Starting from April 2024, 10% of the gross profit of Bitcoin-related products will be used to purchase Bitcoin every month
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.
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.
You may also like
BGB holders' Christmas and New Year carnival: Buy 1 BGB and win up to 2026 BGB!
Bitget Trading Club Championship (Phase 20)—Up to 2400 BGB per user, plus a RHEA pool and Mystery Boxes
Subscribe to ETH Earn products for dual rewards exclusive for VIPs— enjoy up to 8% APR and share 30,000 USDT!
Bitget Spot Margin Announcement on Suspension of ICNT/USDT, PROMPT/USDT, CAMP/USDT, FARTCOIN/USDT, PEAQ/USDT Margin Trading Services
