{"id":840,"date":"2024-10-08T13:16:34","date_gmt":"2024-10-08T13:16:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=840"},"modified":"2024-10-08T13:16:34","modified_gmt":"2024-10-08T13:16:34","slug":"jack-dorseys-block-started-buying-bitcoins-four-years-ago-heres-how-much-they-are-worth-today","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=840","title":{"rendered":"Jack Dorsey&#8217;s Block Started Buying Bitcoins Four Years Ago: Here&#8217;s How Much They Are Worth Today"},"content":{"rendered":"<div>\n<p>Financial services company <strong>Block, Inc. <\/strong>(NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/SQ#NYSE\">SQ<\/a>), co-founded by tech mogul <strong>Jack Dorsey<\/strong>, is well-known for holding a significant amount of <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) on its balance sheet.<\/p>\n<p><strong>What happened<\/strong>: Exactly four years ago on Oct. 7, 2020, the company, which also sells point-of-sale equipment to small businesses, acquired 4,709 BTCs for a total of $50 million, or $10,618 per unit.\u00a0<\/p>\n<p>The firm doubled down on the strategy in subsequent months, bagging an additional 3,318 BTCs at an aggregate price of $170 million in February 2021.<\/p>\n<p>According to &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41227882\/jack-dorseys-block-started-buying-bitcoins-four-years-ago-heres-how-much-they-are-worth-to\" alt=\"Jack\" dorsey block started buying bitcoins four years ago: here how much they are worth today>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Financial services company Block, Inc. (NYSE:SQ), co-founded by tech mogul Jack Dorsey, is well-known for holding a significant amount of Bitcoin (CRYPTO: BTC) on its balance sheet. What happened: Exactly four years ago on Oct. 7, 2020, the company, which also sells point-of-sale equipment to small businesses, acquired 4,709 BTCs for a total of $50 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-840","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/840","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=840"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/840\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}