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Jack Dorsey’s Square Doubles Its Money On Bitcoin Investment

Jack Dorsey’s Square has formally doubled its cash on its Bitcoin funding. The firm’s $220,000,000 invested in Bitcoin is now value over $470,000,000.

To date, Square holds roughly 8,027 bitcoin, acquired at an combination buy worth of $220,000,000 and a median worth per bitcoin of $27,407, inclusive of charges and bills.

Note, that of different corporations whose Bitcoin investments have lately doubled, particularly MicroStrategy and Tesla, Square has acquired its Bitcoin for the bottom common worth per coin:

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