At Block’s Investor Day, Block CEO Jack Dorsey revealed his ambitions to expand the payments company into a digital giant spanning multiple sectors and reiterated his commitment to Strong confidence in the future of blockchain technology and BTC 1.98%-news/">Bitcoin.
He sees Bitcoin as the only candidate for internet money. The CEO of Block emphasized that the crypto and music streaming business should be seen as an ecosystem. He also noted that the company’s efforts in the Bitcoin space will continue to be the company’s main strategy, with its bank-like cash application supporting peer-to-peer payments and Bitcoin transactions.
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