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Block Inc. Publishes First Proof-of-Reserves Report Disclosing 28,355 Bitcoin Holdings Worth $2.2 Billion

Block Inc. released its inaugural proof-of-reserves report on Monday, revealing total Bitcoin holdings of 28,355 BTC valued at approximately $2.2 billion as of March 2026. The report, confirmed by third-party auditors, breaks down customer and corporate assets across its operations. A new dashboard allows users to verify wallet ownership independently.

1 source·Apr 28, 1:54 PM(7 days ago)·1m read|

Block Inc. Publishes First Proof-of-Reserves Report Disclosing 28,355 Bitcoin Holdings Worth $2.2 Billion

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Block Inc. 2 billion as of March 2026. 's corporate treasury, Square, and Cash App.

The report splits the reserves into customer and corporate categories, with Block Inc. 5 billion. 3 million.

The company launched a proof-of-reserves dashboard that enables users to verify wallet ownership through on-chain signatures. Block Inc. stated that users should not have to trust that their Bitcoin is there but should be able to verify it independently.

The reserves are actively controlled, not just historically observed, according to the report. 's initial step in providing transparency for its Bitcoin assets across its various platforms.

Key Facts

Block Inc. discloses Bitcoin holdings

Total of 28,355 BTC worth $2.2 billion as of March 2026, confirmed by auditors.

Customer vs. corporate split

19,357 BTC ($1.5 billion) for customers and 8,997 BTC ($692.3 million) in corporate holdings.

Report coverage

Covers assets across corporate treasury, Square, and Cash App.

Dashboard launch

New proof-of-reserves dashboard allows users to verify wallet ownership using on-chain signatures.

Transparency emphasis

Users can independently confirm holdings, with reserves actively controlled.

crypto block-inc proof-of-reserves financial-transparency digital-assets

Story Timeline

5 events

2026-04-27
Block Inc. published its first proof-of-reserves report, disclosing total Bitcoin holdings.
1 sourceBenzinga
2026-03-31
Block Inc.'s Bitcoin holdings valued at roughly $2.2 billion as of end of March.
1 sourceBenzinga
2026-04-27
Block Inc. launched a proof-of-reserves dashboard for verifying wallet ownership.
1 sourceBenzinga
2026-04-27
Third-party auditors confirmed Block Inc.'s Bitcoin holdings.
1 sourceBenzinga
2026-03-01
Block Inc. began compiling data for proof-of-reserves covering corporate treasury, Square, and Cash App.
1 sourceBenzinga

Potential Impact

01
Increased investor confidence in Block Inc.'s cryptocurrency operations.
02
Potential for greater adoption of proof-of-reserves standards in the fintech sector.
03
Enhanced transparency could attract more customers to Cash App and Square for Bitcoin services.
04
Possible influence on Bitcoin market sentiment due to verified large holdings.
05
Regulatory scrutiny may decrease with audited disclosures.

Transparency Panel

Sources cross-referenced1

Framing risk0/100 (low)

Confidence score55%

Synthesized bySubstrate AI

Word count98 words

PublishedApr 28, 2026, 1:54 PM

Bias signals removed2 across 2 outlets

Signal Breakdown

positive framing 1self-promotional 1

Original Sources

BenzingaJack Dorsey Opens Block's $2.2 Billion Bitcoin Reserves To Public View

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