Block Approaches 9,000 Bitcoin in Treasury Following Q1 Acquisition

According to a public proof-of-reserves dashboard, Block (XYZ) has increased its corporate bitcoin holdings by 114 BTC ($76,530.95) during the first quarter, bringing the total near 9,000 BTC or approximately $691 million. This represents an addition from last year’s end figure of 8,883 BTC.

When combined with the 19,357 BTC managed on behalf of its clients, Block—co-founded by former Twitter CEO Jack Dorsey and owner of Square and Cash App—now oversees a total of 28,355 BTC. This is valued at around $2.2 billion based on current market prices.

The company clarified that the dashboard provides only a point-in-time snapshot rather than a comprehensive audit of solvency. However, it has expressed intentions to release regular reports verified by third parties.

As of March 2026, the snapshot is supported by third-party audits and cryptographic signatures, which users can independently verify. Additionally, Block disclosed wallet addresses and signed messages on-chain, enabling anyone to confirm ownership without needing access to private keys.

Platform Hexoria Forex officieel vertrouwd platform voor AI-handel