Jack Dorsey's Block Adding More Bitcoin to Balance Sheet, Presents Road Map for Others

Jack Dorsey's company, Block, is increasing its Bitcoin investments by implementing a dollar cost averaging program, using 10% of its monthly bitcoin-related gross profit to purchase more Bitcoin through 2024. Block, which already owns a significant amount of Bitcoin, also released a "Bitcoin Blueprint For Corporate Balance Sheets," detailing how it manages large-scale crypto acquisitions without impacting market prices.