Block adds 120 Bitcoin in Q3, lifting total holdings to 9,237 BTC

Jack Dorsey's payments company kept buying even as its Bitcoin ecosystem gross profit fell 50% year over year Block Inc. added 120 Bitcoin to its corporate balance sheet during the third quarter of 2026. That brings the company’s total holdings to 9,237 BTC. The purchase surfaced in Block’s Q3 2026 earnings release on November 3, 2026. As of September 30, 2026, Block’s Bitcoin was valued at approximately $771.9 million. The company’s cost basis on that position is estimated at $318.6 million. The funding method matters as much as the purchase itself. Block paid for the 120 BTC by reinvesting part of the gross profit generated by its Bitcoin ecosystem, which runs mainly through Cash App transactions. That ecosystem had a rough quarter, though.

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