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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.

CoinDesk
1 source·Apr 28, 9:54 AM(8 days ago)·1m read|
Block Adds 114 Bitcoin to Corporate Treasury, Reaching 8,997 BTC in Q1 2026AnonymousUnknown author / Wikimedia (Public domain)
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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.

Key Facts

Block's Q1 2026 bitcoin addition
Block added 114 BTC to its corporate treasury in the first quarter of 2026, reaching a total of 8,997 BTC.
Total holdings and value
Block's total responsibility, including 19,357 BTC for customers, is 28,355 BTC worth about $2.2 billion at bitcoin price of $76,597.85.
Proof-of-reserves publication
Block published a proof-of-reserves report with wallet addresses, cryptographic proofs, and third-party audit checks for March 2026 balances.
Future reporting plans
Block plans to issue regular third-party reports, noting the dashboard is a point-in-time snapshot, not a full solvency audit.
Company background
Block was co-founded by Jack Dorsey.
cryptocorporate-treasuryproof-of-reservesblock-incdigital-assets

Story Timeline

5 events
  1. 2026-04-28

    Block publishes proof-of-reserves report and announces Q1 2026 addition of 114 BTC.

    1 sourceCoinDesk
  2. 2026-03-31

    Proof-of-reserves snapshot reflects balances as of March 2026.

    1 sourceCoinDesk
  3. 2026 Q1

    Block adds 114 BTC to its corporate treasury.

    1 sourceCoinDesk
  4. 2025-12-31

    Block holds 8,883 BTC at the end of 2025.

    1 sourceCoinDesk
  5. Unspecified past

    Block is co-founded by Jack Dorsey.

    1 sourceCoinDesk

Potential Impact

  1. 01

    Enhanced public verification of holdings, reducing risks of solvency concerns for customers.

  2. 02

    Potential increase in investor confidence due to transparent proof-of-reserves reporting.

  3. 03

    Possible influence on bitcoin market perception from corporate accumulation by a major payments firm.

  4. 04

    Regular third-party reports may set a precedent for other firms in digital asset management.

Transparency Panel

Sources cross-referenced1
Framing risk0/100 (low)
Confidence score60%
Synthesized bySubstrate AI
Word count149 words
PublishedApr 28, 2026, 9:54 AM
Bias signals removed3 across 3 outlets
Signal Breakdown
Loaded 3
Original Sources
CoinDeskJack Dorsey's Block nears 9,000 bitcoin in treasury after Q1 addition

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