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Block Doubles Down on Bitcoin Holdings with 85 New Purchases

Guavy AI Editorial Team
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BTC
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Block Inc., led by Twitter co-founder Jack Dorsey, has increased its Bitcoin holdings after purchasing an additional 85 BTC. The latest acquisition brings Block's total Bitcoin holdings to 9,117, making it rank 15th among publicly traded companies worldwide in terms of Bitcoin holdings.

The purchase was made by Block, which is a payments company that offers various financial services. The exact date and price of the transaction are not specified in the source.

Block's move to buy more Bitcoin has placed it higher up on the list of publicly traded companies with significant BTC holdings. However, no further information or analysis is provided regarding the implications of this development.

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