Jack Dorsey's Block pushes Bitcoin reserves above 9,000 BTC, stock surges 10%

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The company's stock rose about 10% in pre-market trading on Friday.

Block, the fintech giant co-founded by Jack Dorsey, ended Q1 2026 with 9,032 Bitcoin, slightly above the 8,998 figure shared in its latest proof-of-reserves and higher than the 8,883 held at the close of 2025.

The disclosure came in the company’s quarterly filing with the US SEC, which also revealed a net loss of nearly $308.7 million for the first quarter of 2026, a sharp reversal from the $189.9 million profit it earned in the same period a year earlier.

Jack Dorsey's Block pushes Bitcoin reserves above 9,000 BTC, stock surges 10%

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