Jack Dorsey’s Square to Invest More in Bitcoin Mining and Shut Decentralized...

Jack Dorsey’s Square to Invest More in Bitcoin Mining and Shut Decentralized ‘Web5’ Venture

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Source: Coindesk.com

Jack Dorsey's payment firm Block (SQ) plans a renewed focus on building equipment for bitcoin (BTC) miners and its self-custody crypto wallet, funded partly by giving up on creating a new decentralized internet dubbed "Web5" and investing less in music streaming app Tidal.

The decision was revealed the same week that Donald Trump won the U.S. presidential

Read More https://www.coindesk.com/business/2024/11/07/jack-dorseys-square-to-invest-more-in-bitcoin-mining-and-shut-decentralized-web5-web-venture/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Jack Dorsey's Square to Invest More in Bitcoin Mining and Shut Decentralized 'Web5' Venture" appeared first here Coindesk.com.

Source: Coindesk.com

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