Block Inc. shifts focus to Bitcoin mining amid plans to sunset Web5-focused TBD

Jack Dorsey founded payments firm Block Inc. is pivoting its focus towards the cryptocurrency mining sector. In a Nov. 7 shareholder letter, Block, formerly Square Inc., said it would dial down resources towards its music streaming service TIDAL, and sunset…

Nov 8, 2024 - 04:00
Block Inc. shifts focus to Bitcoin mining amid plans to sunset Web5-focused TBD
Jack Dorsey founded payments firm Block Inc. is pivoting its focus towards the cryptocurrency mining sector. In a Nov. 7 shareholder letter, Block, formerly Square Inc., said it would dial down resources towards its music streaming service TIDAL, and sunset…

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