Block Quietly Adds 85 BTC to Treasury, Now Holds 9,117 BTC

Block Inc. quietly added 85 BTC to its corporate treasury, lifting its holdings to 9,117 BTC and moving the Jack Dorsey-led company up to 15th place on Bitcoin Treasuries.NET’s Bitcoin 100 list. The purchase was posted on X by Bitcoin Treasuries.NET, but the update did not disclose when the buy occurred or the price paid. Still, the small but steady accumulation reinforces Block’s long-standing stance of keeping Bitcoin on its balance sheet while embedding the asset across its products. Why this matters - Scale and ranking: With 9,117 BTC, Block sits among the larger publicly tracked corporate Bitcoin holders — a notable position for a company that treats Bitcoin both as a treasury asset and a platform play. - S&P timing: The move comes less than three weeks after Block joined the S&P 500 (officially replacing Hess Corp. before trading on July 23), spotlighting the company as a mainstream-listed business with crypto exposure. How Block is building its Bitcoin strategy - Ongoing buys: Block has said it allocates 10% of monthly gross profit generated from its Bitcoin-related products toward buying Bitcoin. The company even open-sourced the framework for that treasury strategy last year to guide other businesses. - Product integration: Beyond a treasury, Bitcoin is integrated across Block’s ecosystem — Cash App supports buying, selling and transferring Bitcoin; Bitkey offers a self-custody wallet; and Proto develops Bitcoin mining hardware and infrastructure. Block — founded as Square in 2009 and rebranded to Block in December 2021 — also houses Afterpay, TIDAL and other units. Context: corporate treasuries are diverging The broader corporate picture shows different approaches to managing Bitcoin holdings. The article highlights a company referred to as “Strategy,” which disclosed an SEC filing saying it sold 1,638 BTC between July 27 and Aug. 2 for roughly $104.73 million, allocating proceeds to preferred-stock dividends and share repurchases and reporting adjusted holdings thereafter. That firm also raised capital via common stock sales to beef up dollar reserves, and on-chain observers later reported additional wallet movements that were not officially confirmed as sales. The mix of sales, transfers and capital raises underscores how corporate treasury playbooks are increasingly varied — some firms liquidate to meet obligations or build cash buffers, while others (like Block) continue incremental accumulation. Operational backdrop at Block Block’s latest purchase arrives after a period of internal adjustment: earlier this year the company trimmed about 8% of its workforce following a soft quarter, citing a need to improve strategic alignment and efficiency while retaining roles tied to critical operations. Despite the cuts, Block’s S&P 500 inclusion signaled it met the index’s requirements for market cap, profitability and liquidity — and its shares jumped in after-hours trading on the news. No policy change announced Block has not announced any change to its treasury policy alongside this latest buy. Bitcoin Treasuries.NET’s update offered no further details on timing, price or funding source for the 85 BTC purchase. Bottom line: Block continues to blend treasury accumulation with product-led Bitcoin adoption. Its modest top-up may be small in size, but it reinforces a deliberate strategy: hold Bitcoin while building consumer-facing and infrastructure products that deepen its crypto footprint.