Golden Finance reported that according to Amrita Ahuja, CFO and COO of Block Inc., the company's investment in Bitcoin allows the company to learn more about this potentially "transformative" technology. The company's bet on Bitcoin is long-term. We are optimistic that funds can flow as fast as the Internet in the future, and Bitcoin is the most likely competitor to realize this vision because it is resilient, battle-tested, and safe. Ahuja said that the most underserved consumers are often those who pay the highest fees to obtain and transfer funds, and Bitcoin may change this reality. In a recent letter to shareholders, Block founder Jack Dorsey said that Bitcoin has the potential to "level the playing field" for companies like his and consumers around the world, and pointed out that less than 3% of the company's resources are allocated to Bitcoin-related projects. Block said earlier this year that it would invest 10% of its gross profits from Bitcoin products in the purchase of cryptocurrencies each month.