{"id":165620,"date":"2024-05-03T15:59:00","date_gmt":"2024-05-03T15:59:00","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=165620"},"modified":"2024-05-03T15:59:03","modified_gmt":"2024-05-03T15:59:03","slug":"block-to-buy-bitcoin-every-month","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/block-to-buy-bitcoin-every-month\/","title":{"rendered":"Block: Founder of Twitter\u2019s New Company to Buy Bitcoin Every Month"},"content":{"rendered":"<p style=\"text-align: justify\"><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">TL;DR<\/span><\/span><\/strong><\/p>\n<ul style=\"text-align: justify\">\n<li><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Jack Dorsey reveals that Block is systematically buying Bitcoin every month.<\/span><\/span><\/li>\n<li><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Block has adopted an investment strategy based on Dollar Cost Averaging (DCA).<\/span><\/span><\/li>\n<li><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">The strategy seeks to minimize risks and maximize long-term investment in Bitcoin.<\/span><\/span><\/li>\n<\/ul>\n<hr \/>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Since <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Jack Dorsey <\/span><\/span><\/strong><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">left Twitter<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> to <\/span><span style=\"vertical-align: inherit\">focus on <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Bitcoin<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> through his <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">financial company <\/span><\/span><a href=\"https:\/\/crypto-economy.com\/news\/companies\/\" target=\"_blank\" rel=\"noopener\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Block<\/span><\/span><\/a><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">,<\/span><\/span><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> he has been implementing <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">a solid and systematic investment strategy in the leading cryptocurrency.<\/span><\/span><\/strong><\/p>\n<p><!--more--><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">The <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">recent revelation<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> that <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Block<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> is buying <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Bitcoin<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> on a regular basis each month has generated interest in the financial and crypto community.<\/span><\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">block is DCA&#39;ing bitcoin every month. here&#39;s how your company can do it too: <a href=\"https:\/\/t.co\/xabpCVZdn8\" target=\"_blank\">https:\/\/t.co\/xabpCVZdn8<\/a><\/p>\n<p>&mdash; jack (@jack) <a href=\"https:\/\/twitter.com\/jack\/status\/1786129834080419953?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">May 2, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Block<\/span><\/span><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">&#8216;s <\/span><span style=\"vertical-align: inherit\"><a href=\"https:\/\/block.xyz\/documents\/bitcoin-blueprint.pdf\" target=\"_blank\" rel=\"noopener\">strategy<\/a> <\/span><span style=\"vertical-align: inherit\">is based on the concept of <\/span><strong><span style=\"vertical-align: inherit\">Dollar Cost Averaging (DCA)<\/span><\/strong><span style=\"vertical-align: inherit\">, which involves <\/span><strong><span style=\"vertical-align: inherit\">purchasing a fixed amount of an asset at regular intervals, <\/span><\/strong><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">regardless<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> of its market price.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">This allows <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">\u00a0the company to reduce exposure to <\/span><\/span><\/strong> <span style=\"vertical-align: inherit\"><strong><span style=\"vertical-align: inherit\">Bitcoin<\/span><\/strong><span style=\"vertical-align: inherit\"> price <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">volatility<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> while <\/span><strong><span style=\"vertical-align: inherit\">accumulating<\/span><\/strong><span style=\"vertical-align: inherit\"> a digital asset in a <\/span><strong><span style=\"vertical-align: inherit\">consistent and disciplined manner.<\/span><\/strong><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><strong><span style=\"vertical-align: inherit\">Block<\/span><span style=\"vertical-align: inherit\">&#8216;s <\/span><\/strong><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Bitcoin<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> purchasing history <\/span><span style=\"vertical-align: inherit\">shows <\/span><strong><span style=\"vertical-align: inherit\">strategic and prudent planning.<\/span><\/strong><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Throughout <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">2020<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> and <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">2021,<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> they acquired significant amounts of <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Bitcoin<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> at varying prices, allowing them to accumulate a total of <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">8,038 BTC<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> on their balance sheet at the end of <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">March 2024.<\/span><\/span><\/strong><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">This investment represents around <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">9%<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> of <strong>the<\/strong><\/span><strong><span style=\"vertical-align: inherit\"> total <\/span><\/strong><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">corporate liquidity<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">.<\/span><\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-83401\" src=\"https:\/\/crypto-economy.com\/es\/\/wp-content\/uploads\/sites\/4\/2024\/05\/jack-dorsey.jpg\" alt=\"Block: Twitter Founder's New Company Will Buy Bitcoin Every Month\" width=\"825\" height=\"300\" \/><\/p>\n<h2><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Block Investment Strategy Optimization<\/span><\/span><\/h2>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><strong><span style=\"vertical-align: inherit\">Block<\/span><span style=\"vertical-align: inherit\">&#8216;s <\/span><\/strong><span style=\"vertical-align: inherit\">adoption of the <\/span><strong><span style=\"vertical-align: inherit\">DCA <\/span><\/strong><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">strategy<\/span><\/span><\/strong> <span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> not only seeks to minimize the <\/span><strong><span style=\"vertical-align: inherit\">risks associated<\/span><\/strong><span style=\"vertical-align: inherit\"> with <\/span><strong><span style=\"vertical-align: inherit\">Bitcoin<\/span><\/strong><span style=\"vertical-align: inherit\"> market <\/span><strong><span style=\"vertical-align: inherit\">volatility<\/span><\/strong><span style=\"vertical-align: inherit\">, but also <\/span><strong><span style=\"vertical-align: inherit\">optimize<\/span><\/strong><span style=\"vertical-align: inherit\"> its <\/span><span style=\"vertical-align: inherit\">long-term <\/span><strong><span style=\"vertical-align: inherit\">investment position.<\/span><\/strong><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">By investing <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">regularly and consistently<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, they can take advantage of both the peaks and troughs in the price of <\/span><\/span><a href=\"https:\/\/crypto-economy.com\/what-is-bitcoin\/\" target=\"_blank\" rel=\"noopener\"><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Bitcoin<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">,<\/span><\/span><\/a><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> thus maximizing their potential return on the digital asset.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">In addition to its focus on investing in <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">BTC<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">the company has also dedicated significant resources to the security and custody<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> of its digital assets.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">This attention to <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">security<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> is crucial in the cryptocurrency ecosystem, where <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">private key protection and <\/span><\/span><\/strong><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">loss<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> prevention <\/span><span style=\"vertical-align: inherit\">are key priorities for any company or investor.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Block<\/span><\/span><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">&#8216;s <\/span><\/span><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Bitcoin<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> investment strategy <\/span><span style=\"vertical-align: inherit\">represents a calculated and responsible approach <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">towards a digital asset<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> that continues to gain attention and interest in global financial markets.<\/span><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">Their <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">commitment<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> to <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">transparency<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">, <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">security and corporate responsibility<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> highlights the <\/span><\/span><strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">maturity <\/span><\/span><\/strong> <strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\">and seriousness<\/span><\/span><\/strong><span style=\"vertical-align: inherit\"><span style=\"vertical-align: inherit\"> with which they approach the cryptocurrency space, setting an example for other companies and market players interested in this exciting but complex financial sector.<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Jack Dorsey reveals that Block is systematically buying Bitcoin every month. Block has adopted an investment strategy based on Dollar Cost Averaging (DCA). The strategy seeks to minimize risks and maximize long-term investment in Bitcoin. Since Jack Dorsey left Twitter to focus on Bitcoin through his financial company Block, he has been implementing a &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Block: Founder of Twitter\u2019s New Company to Buy Bitcoin Every Month\" class=\"read-more button\" href=\"https:\/\/crypto-economy.com\/block-to-buy-bitcoin-every-month\/#more-165620\" aria-label=\"More on Block: Founder of Twitter\u2019s New Company to Buy Bitcoin Every Month\">Read more<\/a><\/p>\n","protected":false},"author":33,"featured_media":165622,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[102,84,74],"tags":[4602,4620,5141,5001],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/165620"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=165620"}],"version-history":[{"count":2,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/165620\/revisions"}],"predecessor-version":[{"id":165625,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/165620\/revisions\/165625"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/165622"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=165620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=165620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=165620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}