🚀 HISTORICAL! Block (Jack Dorsey) JOINS the S&P 500: A GIANT Boost for Bitcoin? 🚀
Attention, crypto community! A news that is shaking the market: Block, Jack Dorsey's company, officially joins the prestigious S&P 500. After a 9% increase in its shares on Friday, this move is much more than just a change in an index.
Why is it so important?
* Institutional Recognition: Block, known for its strong support for Bitcoin (BTC) and for holding over 8,584 BTC in its treasury, marks a milestone. This brings billions of passive investment flows to the crypto ecosystem!
* Precedent for the Future: Following in the footsteps of Coinbase, Block consolidates the crypto presence in traditional financial indices. Will MicroStrategy be next?
* Payment Innovation: Additionally, Block recently announced that Square will allow Bitcoin payments through the Lightning Network starting this year!
This is not just news, it is a statement: Cryptocurrencies and Bitcoin are redefining Wall Street!
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