Square under Block supports the Lighting Network, with Bitcoin Holdings yielding a return of 9.7%.

Gate News bot message, Jack Dorsey’s company Block (XYZ) has generated a 9.7% return on its Bitcoin holdings by running nodes on the Lighting Network through its payment platform Square.

Miles Suter, the head of Bitcoin products at Block, stated on Wednesday at the Bitcoin 2025 conference in Las Vegas that the company “gains real returns from the Bitcoin held by the company by efficiently routing real payments on the Lighting Network.”

Ryan Gentry from Lightning Labs referred to Suter’s statement as the “biggest news” at the Bitcoin 2025 conference in an article on X, estimating that Square’s 9.7% yield corresponds to about $1 million per year.

Source: CoinDesk

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Noah'sArkvip
· 05-29 14:43
SATS is synchronized with Bitcoin, you can see for yourself! Other scamcoins are not as fair as this one.
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