Jack Dorsey’s Square Doubles Its Money On Bitcoin Investment


Jack Dorsey’s Square has officially doubled its money on its Bitcoin investment. The company’s $220,000,000 invested in Bitcoin is now worth over $470,000,000.

To date, Square holds approximately 8,027 bitcoin, acquired at an aggregate purchase price of $220,000,000 and an average price per bitcoin of $27,407, inclusive of fees and expenses.

Note, that of other companies whose Bitcoin investments have recently doubled, namely MicroStrategy and Tesla, Square has acquired its Bitcoin for the lowest average price per coin:

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