Cryptocurrency Q&A
Why did Block buy TIDAL?
Why did Block buy TIDAL?
BitcoinBaroness
Sun Nov 17 2024
|
5 answers
643
Block's acquisition of TIDAL has raised curiosity. People are wondering about the reasons behind this purchase, whether it was for TIDAL's exclusive music content, its technology, or its market position. What motivated Block to make this move?
5 answers
Claudio
Tue Nov 19 2024
The pension fund revealed that Dorsey, who co-founded Block and Twitter, stood alone among Block's senior executives in favoring the acquisition.
Was this helpful?
121
35
Michele
Mon Nov 18 2024
This professor described the acquisition as an extravagant expenditure, likening it to spending $300 million on drinks just to socialize with Jay-Z.
Was this helpful?
236
35
Starlight
Mon Nov 18 2024
Dorsey was the sole top-level executive at Block who backed the purchase decision, indicating a lack of consensus within the company's leadership.
Was this helpful?
168
95
MysticGalaxy
Mon Nov 18 2024
The fund further noted that Dorsey's motivation for buying Tidal stemmed from his personal friendship with Jay-Z.
Was this helpful?
59
21
Caterina
Mon Nov 18 2024
The complaint filed by the pension fund referenced a business professor from New York University.
Was this helpful?
59
33
