Block Increases Bitcoin Holdings to Nearly 9,000 BTC

The Jack Dorsey-led company added 114 Bitcoin, lifting its treasury to almost 9,000 BTC with a reported value of more than $694 million.

Summary

Block, the company led by Jack Dorsey, acquired 114 Bitcoin and raised its total holdings to nearly 9,000 BTC. The update follows a previous year-end position of 8,883 BTC, indicating continued accumulation. Based on the source, the company’s Bitcoin holdings are valued at more than $694 million, reflecting Block’s ongoing use of Bitcoin as part of its corporate treasury exposure.

Terms & Concepts
  • BTC: The ticker symbol for Bitcoin, the largest cryptocurrency by market value.
  • Bitcoin treasury: A corporate strategy of holding Bitcoin on a company balance sheet as a reserve asset.
  • Corporate treasury holdings: Assets held by a company for balance sheet management, liquidity, or long-term investment purposes.