
Jack Dorsey’s Bitcoin Firm Block Inc Joins S&P 500
Block Inc. has joined other companies on the S&P 500 in a historic move that is largely attributed to being a significant win for Bitcoin and the crypto industry.
CEO of Twitter and Square, Inc.
Jack Dorsey is an American computer programmer and internet entrepreneur widely known as a co-founder and CEO of Twitter, and as the founder and CEO of Square, a mobile payments company. In 2008, he was named to the MIT Technology Review TR35 as one of the top 35 innovators in the world under the age of 35. For 2012, The Wall Street Journal gave him the “Innovator of the Year Award” for technology.
Twitter/Square
Nov 19th, 1976
San Francisco, CA, United States
University of Missouri–Rolla
New York University
666
$4.4 B
Cash App - Founder & CEO
Twitter - Founder & CEO
Block Inc. has joined other companies on the S&P 500 in a historic move that is largely attributed to being a significant win for Bitcoin and the crypto industry.
Jack Dorsey has introduced Bitchat — a decentralized, P2P messaging platform that operates over Bluetooth mesh networks without internet dependency.
In its Q3 2024 update, Block announced plans to prioritize Bitcoin-related projects, increasing investment in mining and self-custody.
As a result of the evolving political landscape, US-based miners are seeking alternatives to Bitmain.
Dorsey’s bullish outlook for the long-term price action of Bitcoin borders on the collaborative nature of its ecosystem.