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Block Inc. has applied for a U.S. banking charter to create Builders Bank, bringing Bitcoin (BTC) and stablecoin custody under a federally supervised trust-bank structure. Key Points: Block submitted an application to the Office of the Comptroller of the Currency to establish Builders Bank & Trust,

Block (XYZ) added 114 Bitcoin (BTC) to its corporate treasury in the first quarter, taking the total to 8,997 BTC worth roughly $692 million. Block Q1 Disclosure The payments firm co-founded by Jack Dorsey published its first proof-of-reserves dashboard on Monday. The snapshot reflects balances as o

Jack Dorsey's Block has signaled the return of a Bitcoin (BTC) faucet, reviving a concept that once gave away coins for free in the earliest days of the cryptocurrency's existence. Block's Bitcoin Faucet Revival Dorsey, who co-founded Twitter (now X), posted about the initiative on Apr. 3. The annou

Jack Dorsey, the co-founder of Twitter, has cut more than 4,000 jobs at his financial technology company Block — which operates Cash App, Square and Tidal — reducing headcount from over 10,000 to under 6,000 in an AI-driven restructuring that sent the stock surging more than 24% in after-hours tradi