Value only clones to one person in the server?

Hello.

I am currently trying to make a very simple script that clones a value into a player's character. This works, however, it only clones to one player. I'm unsure why this is caused. Here's the script:

local Value = Instance.new("BoolValue")
Value.Name = "IsTeleporting"

local Players = game:GetService("Players")

Players.PlayerAdded:Connect(function(Player)
	Player.CharacterAdded:Connect(function(Character)
		Value.Parent = Character
	end)
end)

I am unsure why this is happening, and would like some help. Thanks!