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02 May 2024

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)

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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)