May 24, 2024

Rise To Thrive

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Block Is Buying Bitcoin Every Month for Its Balance Sheet

1 min read
Block Is Buying Bitcoin Every Month for Its Balance Sheet
Block Is Buying Bitcoin Every Month for Its Balance SheetBlock Inc. has announced its strategy of regularly purchasing bitcoin for its corporate balance sheet via dollar-cost averaging (DCA). The company plans to allocate 10% of its monthly gross profit from bitcoin products towards investments in the cryptocurrency. “We view bitcoin as an instrument of global economic empowerment; it is a way for individuals around […]