Block purchased 103 BTC in Q4

Jack Dorsey's payments company Block (formerly Square) has announced its fourth-quarter earnings for last year. According to The Block, the company reported an operating income of $485 million and raised its gross profit forecast for the current year to $12.2 billion, an 18% increase from the previous year. During the quarter, Block purchased an additional 103 BTC, bringing its total holdings to 8,883 BTC, worth approximately $577 million.