Block Q4 Acquires 340 Bitcoins, Valued at Approximately $22 Million

BlockBeats News, February 27th, Block, Inc., founded by billionaire Jack Dorsey, disclosed that it added 340 Bitcoins to its holdings in the fourth quarter of its 2026 fiscal year, representing approximately $22 million at the time of disclosure.

The company stated that the acquired BTC has been reflected on its balance sheet as part of its corporate treasury asset allocation. This move continues Block's strategic initiative to incorporate Bitcoin into its long-term reserve assets.