Jack Dorsey’s Block Adding More Bitcoin to Balance Sheet, Presents Road Map...

Jack Dorsey’s Block Adding More Bitcoin to Balance Sheet, Presents Road Map for Others

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Source: Coindesk.com

Payments firm Block (SQ) has begun a dollar cost averaging (DCA) program to add to its already sizable bitcoin (BTC) stack.

Led by CEO Jack Dorsey, the company in April began using 10% of its monthly bitcoin-related gross profit to buy additional bitcoin, with plans to do this each month for the remainder of 2024.

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The post "Jack Dorsey's Block Adding More Bitcoin to Balance Sheet, Presents Road Map for Others" appeared first here Coindesk.com.

Source: Coindesk.com

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