🌌 Treasury conviction, not just another press release. Block adding 114 BTC to bring its stack near 9,000 tells me this is becoming a corporate policy, not a one-off experiment. From where I sit, the bull case is simple: when a public company keeps accumulating and promises regular third-party reporting, it normalizes BTC as a treasury reserve and makes the idea harder to dismiss. 🧲 The bear case is also real: treasury narratives can get overread, and one company’s conviction does not automatically equal broad market demand. Still, I lean constructive because the signal here is about persistence, transparency, and institutional comfort — three things markets tend to reward over time. 👁️‍🗨️ The sharp takeaway is that Block is treating BTC less like a slogan and more like balance-sheet infrastructure, and that shift matters more than any single headline. Not financial advice. DYOR. #BTC #Treasury #Crypto