HODL15Capital reported via X that Block, formerly Square and led by Jack Dorsey, significantly increased its Bitcoin holdings in the second quarter of 2024. The company purchased 108 BTC, demonstrating a continued bullish stance on the cryptocurrency. This latest acquisition brings Block's total Bitcoin holdings to a substantial 8692 BTC. This strategic investment underscores Block's long-term belief in Bitcoin's potential as a store of value and a medium of exchange. The move aligns with Dorsey's well-known advocacy for Bitcoin and its integration into the financial system. The purchase also reflects a growing trend of corporations adding Bitcoin to their balance sheets. ```

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