Block Inc., formerly known as Square, was co-founded by Jack Dorsey in 2009 as a financial services and mobile payment company. Dorsey, who is also the co-founder of Twitter, has been a prominent advocate for cryptocurrency, particularly bitcoin. Under his leadership, Block has expanded its offerings to include various cryptocurrency services, such as the Cash App, which allows users to buy, sell, and hold bitcoin. Dorsey’s commitment to the crypto space is further reflected in Block’s strategic investments and initiatives aimed at fostering the growth of digital currencies.

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