Block Inc., led by CEO Jack Dorsey, has acquired an additional 103 Bitcoin, bringing its total holdings to 8,883 BTC. This move aligns with a broader trend among tech firms, which are increasing their Bitcoin investments due to favorable regulatory changes. Additionally, Block Inc. views Bitcoin as a valuable hedge against inflation, a strategy that has become increasingly popular among public companies. Dorsey is also an advocate for Bitcoin integration within Block’s products, such as Cash App.
Block Inc. acquires additional 103 Bitcoin, total reaches 8,883 BTC
