US EditionJack Dorsey's Block nears 9,000 BTC in treasury after Q1 addition
11 Articles
11 Articles
Jack Dorsey’s company already has more bitcoin than many countries. Block, the fintech behind Cash App and the Square payment terminals, has published its first quarter report and reveals that it holds and owns bitcoin worth 2.2 billion dollars, about 2.030 million euros at the current exchange. The figure is distributed between the currencies of its customers and those that the company itself holds as a reserve in the balance sheet. The data co…
Block Introduces Bitcoin Proof-Of-Reserves Initiative To Boost Transparency
Block, the financial technology company led by Jack Dorsey, has launched a Bitcoin proof-of-reserves dashboard covering its corporate treasury and customer holdings across Cash App and Square. The announcement, made on April 27 during the Bitcoin Las Vegas 2026 conference, places Block among a growing list of firms adopting on-chain transparency measures in the wake of past industry failures. Verifiable Holdings Across Three Platforms The proof-…
Jack Dorsey’s Block Unveils 5% Bitcoin Rewards, Proof of Reserves, and New Bitkey Wallet Push
Key Takeaways: Block has introduced a new Bitkey hardware wallet, Proof of Reserves, and Cash App that includes services that accumulate Bitcoins automatically. Cash App users can convert money incoming into BTC, whereas Square merchants earn 5% Bitcoin rewards bonuses. NFC Bitcoin tap-to-pay was also previewed by Block, with an anticipated wider move toward enabling Bitcoin to be utilized in everyday business. One of the largest updates to its…
The reserve test covers your corporate treasury and Cash App customer holdings. Read more
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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