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Block Increases Bitcoin Holdings to Nearly 9,000 BTC

Block said it added 114 Bitcoin, or about $8 million, bringing its corporate treasury to 8,997 BTC worth roughly $691 million to $694 million, and plans regular third-party reports on its holdings.

BTC

Fact Check
The claim is likely true. The most relevant source, CoinDesk's 'Jack Dorsey's Block nears 9,000 bitcoin in treasury after Q1 addition', directly states both core facts: Block added 114 BTC and its corporate treasury reached 8,997 BTC. The same CoinDesk report also states Block plans to publish regular third-party reports and links that to the launch of its proof-of-reserves dashboard. Block's official 'Block Bitcoin Transparency' page corroborates the transparency/reporting portion by describing independent audit verification and upcoming audit reports. Additional repetition from the CoinDesk and CoinPost X posts supports the 114 BTC and 8,997 BTC numbers. There is minor conflicting secondary reporting from Odaily, which says 114.89 BTC and 8,998 BTC; this appears to be a rounding/reporting discrepancy rather than strong contradiction. Because I did not obtain a primary SEC filing or a fully rendered official Block page showing the exact 8,997 BTC figure in this run, confidence is medium rather than high.
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Summary

Block, led by Jack Dorsey, said it acquired 114 Bitcoin, increasing its corporate treasury from 8,883 BTC at year-end to 8,997 BTC, or nearly 9,000 BTC. The newer update values the company’s total Bitcoin holdings at about $691 million, while the older report says they are worth more than $694 million, likely reflecting different pricing points. Block also said it plans to publish regular third-party reports on its Bitcoin treasury, indicating continued accumulation alongside greater transparency around its reserves.

Terms & Concepts
  • Bitcoin treasury: A corporate strategy of holding Bitcoin on a company balance sheet as a reserve asset or long-term investment.
  • Corporate treasury: A company’s reserve management function, including how it holds and reports assets such as cash or Bitcoin.
  • Third-party reports: Independent reporting or verification by an external party, often used to improve transparency and credibility.