Block bitcoin holdings
United StatesJack Dorsey's payments company, which quietly accumulates bitcoin by reinvesting a fixed share of the gross profit its bitcoin business earns.
How much bitcoin does Block hold?
Block holds 9,117 BTC as of 2026-06-30, worth about $710.1M. That is rank 14 of the 165 public companies we track, and 0.04% of the 21 million bitcoin that will ever exist.
- Bitcoin held
- 9,117 BTC
- As of
- 2026-06-30
- Rank
- 14 of 165
- Value at current price
- $710.1M
- Market cap
- $49.7B
- mNAV
- 70.05x
- Share of 21 million
- 0.04%
- First purchase
- 2020-10-08
Market cap as of 2026-08-26, derived from share price and shares outstanding. mNAV is that figure divided by 9,117 BTC at $77,882.
Holdings over time
Cumulative bitcoin held after each disclosed event. The line steps rather than slopes because treasury positions change on purchase dates, not continuously.
We have one dated figure for Block so far, shown in the table below, and the table says where it came from. A chart needs at least two dated points, and we would rather show nothing than draw a trend through a single figure. This fills in as the company publishes, or as we backfill its earlier announcements.
Every disclosure we have
| Date | Event | Change | Total held | Note | Source |
|---|---|---|---|---|---|
| 2026-06-30 | Reported | 9,117 | Total corporate bitcoin holdings as of the quarter ended June 30, 2026. | investors.block.xyz |
Why does Block hold bitcoin?
Block, the company behind Square and Cash App and known as Square until 2021, bought its first 4,709 bitcoin in October 2020 and added a larger tranche in February 2021. Where it differs from most holders is the mechanism it uses now.
Rather than announcing discrete purchases funded by capital raises, Block reinvests a set percentage of the gross profit its bitcoin products generate straight back into bitcoin. The result is a position that grows steadily and unremarkably, adding a couple of hundred coins in a typical half year, without the balance sheet leverage that defines the treasury companies above it.
The company also builds bitcoin infrastructure, including mining hardware and self-custody products, so its bitcoin exposure runs through the operating business as much as the balance sheet. It joined the S&P 500 in 2025.
Frequently asked questions
How is Block's approach different from Strategy's?
Block funds purchases out of profit from an operating business, at a fixed reinvestment rate, with no debt raised against the coins. Strategy issues equity and debt specifically to buy bitcoin. One accumulates slowly from cash flow, the other levers the balance sheet to accumulate fast.
Compared with its neighbours
Sources
Holdings figures and their dates come from the disclosures linked in the history table above. Read the full methodology.