Block scales back TIDAL investment and shutters TBD in favor of Bitcoin mining
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Block is reducing its investment in TIDAL and closing TBD to focus on Bitcoin mining.
November 08, 2024 | 4:00 am
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Block is reducing its investment in TIDAL and closing TBD to focus on Bitcoin mining.
Block's decision to scale back on TIDAL and close TBD indicates a strategic shift towards Bitcoin mining. This could have mixed implications for investors, as it suggests a focus on potentially more profitable ventures but also a retreat from previously announced projects.
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IMPORTANCE 70
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