Block Will Allocate 10% Of Bitcoin Profits To Buy $BTC Each Month

"In the future, each month we will invest 10% of the total profits from #BTC products into buying Bitcoin," Jack Dorsey - #Twitter co-founder wrote in a shareholder letter on May 2, including first-quarter results better than expected.

Currently, Block holds 8,038 BTC as of March 31 - worth $573 million with reported paper profits of $233 million.