BLOCK TO INVEST 10% OF BTC PROFITS INTO BTC EACH MONTH

Summary from the TLDR Crypto newsletter

Block reported first-quarter revenues of $5.97 billion and an adjusted profit of 85 cents per share, surpassing expectations. It announced plans to allocate 10% of gross profit from bitcoin transactions into bitcoin each month and is open-sourcing its "crypto treasury blueprint" to help other companies manage its crypto assets.