finance
Block Adds 114 Bitcoin to Corporate Treasury, Reaching 8,997 BTC in Q1 2026
Payments company Block increased its bitcoin holdings by 114 BTC in the first quarter of 2026, bringing its corporate treasury to 8,997 BTC. The firm also reported responsibility for 19,357 BTC held on behalf of customers, totaling 28,355 BTC worth about $2.2 billion. Block published a proof-of-reserves report with wallet addresses and cryptographic proofs for public verification.
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Payments company Block added 114 BTC to its corporate treasury in the first quarter of 2026, increasing its total holdings to 8,997 BTC, CoinDesk reported. The addition followed Block's holdings of 8,883 BTC at the end of 2025. 85.
Block is responsible for 19,357 BTC held on behalf of customers, bringing its total responsibility, including corporate and customer holdings, to 28,355 BTC. 2 billion at current prices. The company published a proof-of-reserves report showing wallet addresses and cryptographic proofs for onchain verification.
The proof-of-reserves snapshot reflects balances as of March 2026 and is backed by third-party audit checks and cryptographic signatures. Block published wallet addresses and signed messages onchain, allowing public confirmation of ownership. The firm stated that it plans to issue regular third-party reports.
Block noted that the proof-of-reserves dashboard is a point-in-time snapshot and not a full audit of solvency. The company was co-founded by Jack Dorsey.
