How Much Bitcoin Does Block Own?

Entity Country Symbol:Exchange Filings & Sources # of BTC Value Today % of 21m
Block, Inc. country flag SQ:NYSE Filing | News 8,027 $472,908,858 0.038%

How Much Bitcoin Does Block Own?

Block (NYSE: SQ), a subsidiary of Block, Inc. owns 8,027 BTC as of Sept. 12, 2024. This accounts for 0.038% of the total bitcoin supply of 21 million(1).

How Much Bitcoin Does Block Own?

Block (NYSE: SQ), a subsidiary of Block, Inc. owns 8,027 BTC. This accounts for 0.038% of the total bitcoin supply of 21 million(1).

What Does Block, inc. Do?

Square gives business owners a way of accepting credit cards. They offer tools and even equitable loans to give businesses access to funding. Their products and services are also compatible with hundreds of third-party companies to give businesses more opportunities to increase efficiency and growth(2).

Who Owns Block?

Jack Dorsey is the Head and Chairman of Block

Jim McKelvey is a current Director of Block, Inc.

Amrita Ahuja is Block’s acting CFO.

The Board of Directors consists of the following:

  • Roelof Botha, a partner at Sequoia Capital
  • Amy Brooks, the President of Team Marketing and Business Operations of the NBA and the NBA’s Chief Innovation Officer
  • Jay-Z
  • Paul Deighton, former UK Commercial Secretary of the Treasury
  • Jack Dorsey, cofounder of Block, Inc.
  • Randy Garutti, CEO of Shake Shack
  • Jim McKelvey, cofounder of Block, Inc. and LaunchCode
  • Mary Meeker, a general partner at BOND and former managing director and research analyst at Morgan Stanley
  • Sharon Rothstein, former Afterpay Director and Operating Partner at Stripes
  • Larry Summers, the 71st Secretary to the U.S. Department of the Treasury and current Charles W. Elliot University Professor and President Emeritus of Harvard University.
  • Darren Walker, the President of the Ford Foundation

Does Block Only Own Bitcoin?

At this time, Square’s parent company, Block, Inc. is only focused on Bitcoin. They have another subsidiary, Spiral, that builds open-source projects to integrate Bitcoin as a mainstream currency.

Does Block, Inc. Own Ethereum or Other Cryptocurrencies?

With Block Inc's CashApp bringing in a cool $41 million in profits in Bitcoin in the second quarter of 2022 alone, it is safe to say they are going to be sticking with what works. At this time their emphasis, in terms of cryptocurrency, is solely on Bitcoin.

Totals by Category

Category # of BTC Value Today % of 21m
ETFs 1,078,677 $63,549,985,225 5.137%
Countries 516,336 $30,419,802,944 2.459%
Public Companies 337,682 $19,894,451,472 1.608%
Private Companies 359,638 $21,188,001,836 1.713%
BTC Mining Companies 60,390 $3,557,886,526 0.288%
Defi 155,986 $9,189,879,313 0.743%

Learn More About Other Entities Owning Bitcoin

Entity Country # of BTC Value Today
country flag 357,277.1 $ 21,048,898,172
country flag 226,500 $ 13,344,195,405
country flag 222,086.4 $ 13,084,169,176
country flag 173,132.8 $ 10,200,079,091
country flag 75,354 $ 4,439,463,578
country flag 43,349.5 $ 2,553,925,822
country flag 37,223.7 $ 2,193,025,724
country flag 25,945 $ 1,528,543,707
country flag 10,860.3 $ 639,832,076
country flag 10,019 $ 590,267,080
country flag 9,720 $ 572,651,564
country flag 9,109 $ 536,654,639
country flag 9,000 $ 530,232,930
country flag 8,780.9 $ 517,324,703
country flag 8,100 $ 477,209,637
country flag 8,027 $ 472,908,858
country flag 7,282.2 $ 429,029,138
country flag 6,669.0 $ 392,902,601
country flag 5,748.8 $ 338,689,229
country flag 3,652.4 $ 215,180,305
country flag 1,012 $ 59,621,747
country flag 626 $ 36,880,646
country flag 148 $ 8,719,385

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