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November 9, 2024

Block Expands Bitcoin Mining and Shifts Focus After Trump Win

Jack Dorsey’s fintech company, Block (formerly Square), is ramping up its Bitcoin mining operations in a big way, following the re-election of Donald Trump and his administration’s pro-Bitcoin policies. Block’s latest strategy involves expanding its Bitcoin mining initiatives and enhancing its self-custody wallet, Bitkey, in alignment with Trump’s goal of making the U.S. a leader in the global Bitcoin mining industry.

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