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Jack Dorsey’s Block Adds 103 Bitcoin While ETFs Go Parabolic

Jack Dorsey’s Block Adds 103 Bitcoin While ETFs Go Parabolic

BullishBTC logoBTC
Coinpaper logoCoinpaperFebruary 27, 20263 min read
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Block Inc. Expands Bitcoin Holdings as U.S. Spot ETFs Attract $1.1 Billion in Fresh Inflows Jack Dorsey’s fintech firm, Block, Inc., has strengthened its Bitcoin bet with the purchase of 103 additional BTC, raising its total holdings to 8,883 BTC. This acquisition ranks the company 14th on the Bitcoin 100 list of public corporate holders and underscores its conviction in Bitcoin as both a strategic treasury reserve and a cornerstone of the future financial system. Block Inc. has steadily embedded Bitcoin into its corporate DNA, from enabling seamless BTC purchases on Cash App to allocating capital to Bitcoin on its balance sheet. The company’s latest acquisition, while smaller than headline-grabbing institutional buys, reflects disciplined accumulation not speculative timing, reinforcing its conviction in Bitcoin as a long-term store of value and macro hedge. The move comes as Bitcoin slipped below $66,000 after U.S. PPI data beat forecasts, reigniting inflation concerns and tightening liquidity across crypto markets, making Block’s continued buying a notable vote of confidence amid volatility. Institutional Capital Deepens Bitcoin’s Mainstream Integration Through ETF Inflows and Corporate Accumulation Institutional demand for Bitcoin is surging via exchange-traded funds. U.S. spot Bitcoin ETFs pulled in $ 1.1 billion in net inflows over three straight trading sessions, signaling renewed investor confidence. Even after a brief outflow on Monday, the funds are still up roughly $815 million for the week, on track for their strongest weekly showing since mid-January, when they drew $1.4 billion in inflows. Rising capital inflows into spot Bitcoin ETFs signal growing mainstream adoption. These regulated products let investors access Bitcoin without holding it directly, appealing to traditional investors and wealth managers. Strong inflows suggest rising demand, constrained supply, and firmer price support. After February’s volatility, which saw BTC drop from over $90,000 to the mid-$60,000s, the market remains in consolidation, yet the broader uptrend stays technically intact. Presently, Bitcoin is trading at $65,850 , showing relative stability amid its historical volatility, according to CoinCodex. Rising institutional participation, highlighted by Block’s steady accumulation and surging ETF inflows, signals growing corporate and investor confidence. With adoption by corporate treasuries and regulated investment vehicles, Bitcoin is increasingly cementing its role as a mainstream financial asset, even as short-term price swings persist. Conclusion As Block Inc. expands its Bitcoin reserves and U.S. spot ETFs attract major capital, institutional confidence in Bitcoin’s long-term value remains clear. Corporate accumulation and strong ETF inflows signal deeper mainstream adoption, reinforcing Bitcoin’s role in traditional finance. Despite short-term volatility, sustained investment shows major players are leaning in, not stepping back.

l BTC, raising its total holdings to 8,883 BTC. This acquisition ranks the company 14th on the Bitcoin 100 list of public corporate holders and underscores its conviction in Bitcoin as both a strategic treasury reserve and a cornerstone of the future financial system. Block Inc. has steadily embedded Bitcoin into its corporate DNA, from enabling seamless BTC purchases on Cash App to allocating cap