Block, Inc. Hodls 8,100 Bitcoin, Michael Burry Indirectly Exposed

IconCNT16 May, 2024

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Block, Inc. Hodls 8,100 Bitcoin, Michael Burry Indirectly Exposed

Block, Inc. (formerly Square), the blockchain and mobile payment company led by Twitter founder Jack Dorsey, has 8,100 Bitcoin (BTC) on its balance sheet, according to a recent analysis by crypto research firm HODL Capital. The research also revealed that Michael Burry, the renowned investor made famous by the movie "The Big Short," owns 90,000 shares of Block stock worth approximately $7.61 million. This suggests that Burry has indirect exposure to Bitcoin through his investment in Block. Previously on [date], HODL Capital analyzed via X that Block, Inc. (formerly Square), the blockchain and mobile payment company led by Twitter founder Jack Dorsey, has 8,100 Bitcoin (BTC) on its balance sheet. HODL Capital also noted that Michael Burry, the real-life protagonist of the movie "The Big Short" who famously predicted the 2008 financial crisis, owns 90,000 shares of Block stock worth $7.61 million. This implies that Michael Burry also has indirect exposure to Bitcoin.

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