Block, Led by Jack Dorsey, Shifts Focus to Bitcoin Mining and Self-Custody Wallets Amid Strategic Restructuring
Block, the payments firm founded by Jack Dorsey, has announced plans to significantly increase its investments in its Bitcoin mining initiative and Bitkey, its self-custody Bitcoin wallet. This move comes as part of a strategic reshuffling that will see the company scale back its investments in other ventures, including the music-streaming service Tidal and the … Read more