Square/Bitcoin News (XYZ/BTC): 9.7% Yield on Holdings
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Square/Bitcoin News (XYZ/BTC): 9.7% Yield on Holdings
Square, the payment platform owned by Jack Dorsey's company Block (XYZ) is earning a yield of 9.7% on its bitcoin holdings through running a node on the Lightning network.Block's Bitcoin product lead Miles Suter said that the firm is earning "real bitcoin returns from our corporate holdings...by efficiently routing real payments across the Lightning network," in an appearance at Bitcoin 2025 in Las Vegas on Wednesday.The yield is earned through …
·Manila, Philippines
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Total News Sources2
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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