📰 Block Inc. sees Bitcoin investments as a long-term strategy. CFO and COO Amrita Ahuja noted that these investments help the company gain a deeper understanding of "potentially transformative" technology. 🚀💰

Block adopted a strategy of keeping Bitcoin directly on its balance sheet. Ahuja said this approach helped them better understand Bitcoin technology, how Bitcoin is stored, and how the finance team purchases Bitcoin. 🧠🔐

Block founder Jack Dorsey emphasized that Bitcoin has the potential to "create a fair competitive environment" for Block and all the world's consumers. The company invests less than 3% of its resources in Bitcoin-related projects. 🌍💸