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Dorsey's Block unveils Bitcoin proof-of-reserves in transparency move

Block’s proof-of-reserves will enable anyone to verify the company’s 8,883 Bitcoin stash worth over $680 million through an on-chain signature.
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Block, the company co-founded by Jack Dorsey and owner of Square and Cash App, added 114 BTC during the first quarter of 2026 and raised its corporate treasury to 8.997 BTC. The firm also released a public reserve test panel with wallet addresses and cryptographic checks, in a movement that seeks to strengthen transparency over its own bitcoin and those held on behalf of customers. *** Block added BTC 114 in the first quarter and brought its cor…

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coinspress.com broke the news on Tuesday, April 28, 2026.
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