we're dca'ing bitcoin https://block.xyz/documents/bitcoin-blueprint.pdf


Cool
But how much is 10% of gross profit roughly?


Thank the lord I bought your stock this morning 🫡


I DCA 100% YOLO


"our new corporate balance sheet dollar cost average (“DCA”) program, under which
each month we will be investing 10% of Block’s monthly gross profit from bitcoin products into purchases of bitcoin for investment"

Nice.

nostr:nevent1qqs0jvxk23k8f4xzln65vhsz2eyuqjhgcxg08xaz90yyspsycga8u5cpr9mhxue69uhhq7tjv9kkjepwve5kzar2v9nzucm0d5pzpq35r7yzkm4te5460u00jz4djcw0qa90zku7739qn7wj4ralhe4zqvzqqqqqqyqyaftp


Sweet 🍬


Onward 🫡


Bout time!


#plebchain

nostr:note1lycdv4rvwn2v9l84ge0qy4jfcp9w3svs7wd6y27gfqrqfs360efssc5dam


nostr:note1lycdv4rvwn2v9l84ge0qy4jfcp9w3svs7wd6y27gfqrqfs360efssc5dam

“We view bitcoin as an instrument of global economic empowerment; it is a way for individuals around the world to participate in a global monetary system and secure their own financial future. We’ve chosen to open source this documentation to clearly articulate the process behind our purchase as others consider similar moves."


Y’all still have fiat? That’s crazy


Bravo 👏


GOAT shit 🫡


There's a footnote at the bottom of the second page that says for April the total purchased was $4.4 million, and I'd imagine that's a usual month.


fucking GOAT 🐐


Integrity 🫡


This is the way


Are you the new Saylor?


Why not Monero?


this is why I’ve been DCA’ing $SQ


Great letter nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m


AND highlighting NOSTR

https://m.primal.net/ICYw.png


A real one!!


Onward 🫡


Follow the money


DCA and hodl will be the new stonk buy back


blooming


See how this goes for a quarter or two, and then make it 10% of Block’s *total* gross profit, not just gross profit from Bitcoin products 😊


anyone, company or individual, should be dcaing a good portion of their excess income. if anything, 10% seems a bit to conservative if it was me


Yes. 💯 Money where your mouth is.


fkn legends! 💪🏽 https://image.nostr.build/8b1f6b05aa9270b4fc7989fbcb4b2dd96ad9078ff46de55c7f890e00b188d971.jpg


nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m Thank you. Your courage is truly inspiring!


Nice and block won’t try to develop shitcoins on Bitcoin like that other company.


This is the way.


STAY HUMBLE STACK SATS 🫡


You can’t be serious… You think shareholders would like that?


hell yeah


Back of the envelope numbers: Based on current Gross Profit and Bitcoin price, Block will be soaking up 10% of all new bitcoin produced by miners.

@jack = LEGEND


:clapping:


we're dca'ing bitcoin https://block.xyz/documents/bitcoin-blueprint.pdf


My bad, 10% of all bitcoin related gross profit, not total gross profit. Still awesome though!


We’re zapvertising btc


STAY HUMBLE AND STACK SATS 🫡


Onward 🫡


“Stay & Stack” 🫡


😎 nice


great said 🫂

"We believe the world needs an open protocol for money, one that’s not owned or controlled by any single entity," Dorsey said in the note.


From: nostr:npub1vyrx2prp0mne8pczrcvv38ahn5wahsl8hlceeu3f3aqyvmu8zh5s7kfy55


:bitcoin:


To help your cause.


Took me a while, thought you were speaking klingon


Yo


Great post 👍


Hey Jack , have you ever considered doing an airdrop of runes to increase nostr activity or incentivize it.


🎉 Bravo❤🔥


Awesome!


Nice!


awesome


pura vida 🤙


how much reply do you want? i listened and i read the report.


:fire:


Onward 🫡


Block's annual gross revenue from Bitcoin activities was $44 million last November. So that would approximately be around $4.4 million DCA more or less at 10%.


:kittyhug:


This could have been us 💔

“For every friend in the US who joins Strike using your referral code, gets fully verified, and completes a deposit, you get $5 and they get $5.”


I want to work for you jack!


WOULD HAVE BEEN NICE TO GET A CITATION.

https://werunbtc.com/thesis.pdf


From: nostr:npub15f0lnlxujj05a8cr7emhsz9cszcjalaq0su6rymvw22zuth0h9fs7cqrdx


Jack, the world is a better place because of you.


It only has value if you sell it for fiat.


Thank you for sharing this information.


You are a great advocate.


Or trade it for anything which isn't Bitcoin.


sh,ss


Thx 4 the transparency & 4 fUnding  N0str.

https://www.youtube.com/watch?v=V099GCmT0MA


Thanks for sharing that 🤩💪


Legend


⚡ LIVE FREE ⚡


GM


And a far worse place too. Is your memory that short?


Spicy


we're dca'ing #Nostriga agenda submissions

nostr:note1nn6x4kf0k8w0xs6nvv4wn0xs6hhphm8pahamnh65xk6wnx2l06lsmj4g2c


Onward 🫡


we're dca'ing bitcoin https://block.xyz/documents/bitcoin-blueprint.pdf


Finally!!!


all-in bitcoin


exit the dollar


Just out of curiosity: what’s the main reason for only starting with this now?


Block (Square) following the playbook and sharing the playbook.

nostr:note1lycdv4rvwn2v9l84ge0qy4jfcp9w3svs7wd6y27gfqrqfs360efssc5dam


You're taking an insulting and unhealthy approach to relating, and additionally, I wasn't talking to you.


Stack sats, empower freedom, zap by zap! ⚡🇺🇸


Looking at this cause I’m studying financial accounting at the moment. Sort of get this now. Bitcoin is defined as an indefinite-lived intangible asset and falls under Intangibles - Goodwill on a balance sheet. Cool, that means you can’t separate it from Block, it is embedded and part of its soul:) Fair value is gonna change heaps though.