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Block Is Buying Bitcoin Every Month for Its Balance Sheet

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Block Is Buying Bitcoin Every Month for Its Balance Sheet
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Source: Bitcoin.com

Jack Dorsey's 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 […]

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Author: Kevin Helms

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