Block added 120 bitcoins in the third quarter, bringing its total holdings to 9,237. According to its third-quarter 10-Q filing with the U.S. SEC, as of September 30, the company held 120 more bitcoins as an investment than at the end of the second quarter, when it held 9,117. Their fair value was approximately $772 million. According to Bitcoin Treasuries, Block ranks 14th on the Bitcoin 100 list.
· These figures reflect holdings and valuations only as of September 30 and do not represent subsequent changes.
Would you look at its cost basis first, or at this fair value?
· These figures reflect holdings and valuations only as of September 30 and do not represent subsequent changes.
Would you look at its cost basis first, or at this fair value?
