Block plans to invest 10% of its gross profit from bitcoin products each month into bitcoin purchases; its $220M BTC investment grew by ~160% to $573M as of Q1 (Paige Smith/Bloomberg)

Techmeme - Block plans to invest 10% of its gross profit from bitcoin products each month into bitcoin purchases; its $220M BTC investment grew by ~160% to $573M as of Q1 (Paige Smith/Bloomberg)