Dorsey’s – Coin HD

Jack Dorsey’s Block to Focus More on Bitcoin Mining Instead of TIDAL Investments

Leave a Comment / Block, Dorsey’s / azlan90

Jack Dorsey’s payments and blockchain infrastructure company, Block Inc., is shifting its focus to develop new tools for Bitcoin miners and enhance its self-custody crypto wallet. According to the latest shareholder letter, the firm plans to reduce its investment in TIDAL, Jay-Z’s former music streaming platform, while also winding down TBD, its Bitcoin-focused unit that […]

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Here’s Why Jack Dorsey’s Block Will Invest 10% of Bitcoin Profits Into BTC Monthly

Leave a Comment / Dorsey’s, Here’s / Avery Clarkson

Financial technology conglomerate Block, owned by X co-founder Jack Dorsey, has decided to invest 10% of all profits made from bitcoin-related products in monthly BTC purchases. Speaking to shareholders in a Q1 2024 earnings report, Dorsey outlined several reasons for the decision, addressing investors’ concerns about why Block is so focused on the largest cryptocurrency.

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Jack Dorsey’s Block (SQ) Jumps 12% After Bitcoin Revenue Surges In Q3

Leave a Comment / Block, Dorsey’s / Admin

Shares for Jack Dorsey’s fintech giant Block (SQ) surged by 12% to $49.19 on Friday after the company published bullish third-quarter earnings figures a day prior. That includes increased Bitcoin revenue at the company’s payment subsidiary, Cash App, which reeled in 37% more income than during the same period last year. Block is Back Per

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