Jack Dorsey’s Block Is Making It Easy For Companies To Manage Their Bitcoin Treasury—Here’s How

Fintech firm Block, Inc. (NYSE:XYZ) launched a new dashboard Wednesday to help companies effectively manage their Bitcoin (CRYPTO: BTC) holdings.

What Happened: The Jack Dorsey-founded company released an open-source toolkit to cater to the rapidly growing Bitcoin treasury management market. The tools, which include a corporate holdings dashboard and a BTC-to-USD real-time price quote API, will enable firms to monitor the dollar value of their stash in real time.

Block added that capabilities like time-stamped historical value lookup for quarter-end reporting are also being explored. The aim was to “lower the operational barriers” for firms looking to add Bitcoin to their books.

See Also: