Jack Dorsey’s Block Boosts Its Bitcoin Bet With 10% Gain Reinvestment

Block Inc., the former Square, which is owned by Jack Dorsey, has declared that it will reinvest 10% of its Bitcoin-related gross profits into Bitcoin. This step is part of the new company’s policy to get more involved into cryptocurrency, demonstrating the company’s faith in Bitcoin’s value as a basic digital currency. On May 2, The post Jack Dorsey’s Block Boosts Its Bitcoin Bet With 10% Gain Reinvestment appeared first on CoinGape .