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Payments company Block added 114 BTC in Q1, lifting corporate holdings to 8,997 coins worth roughly $692M, per a new proof-of-reserves report. (Image: Shutterstock)

Jack Dorsey's Block Posts 28,355 BTC Stash Worth $2.2B In Q1 Reserves Report

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

Payments company Block added 114 BTC in Q1, lifting corporate holdings to 8,997 coins worth roughly $692M, per a new proof-of-reserves report. (Image: Shutterstock)

Jack Dorsey Teases Free Bitcoin Faucet Return

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 announces mass layoffs at Block as company pivots to AI-driven operations (Image: Shutterstock)

Jack Dorsey Fires Half Of Block Staff, Stock 24% Up

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

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