Block Inc. Reaches $1 Billion Bitcoin Holdings Milestone

Block Inc., the company founded by Jack Dorsey, has achieved a significant milestone by exceeding $1 billion in Bitcoin holdings. With an additional $12.6 million purchase of BTC, the company’s total Bitcoin reserves now reach over 8,692 BTC. This acquisition comes as Block continues to demonstrate its commitment to Bitcoin as a long-term corporate asset, further solidifying its position as one of the largest publicly traded BTC holders.