Twitter founder Jack Dorsey’s payment platform, Block (formerly known as Square), has announced its Q1 2024 financial report. During the earnings conference, Dorsey not only discussed the value and applications of Bitcoin, but also announced that starting from April, 10% of the monthly gross profit from Bitcoin products will be invested in purchasing Bitcoin. Furthermore, detailed plans and execution methods have been provided to encourage everyone’s participation.
Unveiling Block's Bitcoin DCA Initiative: Monthly 10% Gross Profit Allocation for BTC Acquisition