Jack Dorsey's Block is 'DCA'ing' into Bitcoin every month

Jack Dorsey's fintech company, Block, plans to invest 10% of its gross profit from Bitcoin products back into Bitcoin each month. This decision follows their initial purchase of $220 million in Bitcoin from Q4 2020 to Q1 2021. As of March 31, Block held approximately 8,038 Bitcoins, valued at around $573 million. This strategy aligns with Dorsey's vision of Bitcoin as an open financial protocol, potentially accelerating global economic empowerment.