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Jack Dorsey’s Block Approaches 9,000 BTC Treasury After New Q1 Purchase

O
By Omar Khalid
Published at Apr 28, 2026 at 11:45
Updated at Apr 28, 2026 at 11:254 min read
Jack Dorsey’s Block Approaches 9,000 BTC Treasury After New Q1 Purchase


• Block added 114 BTC in the first quarter
• Corporate treasury now stands at 8,997 BTC
• Total BTC under responsibility reaches 28,355 including customer holdings


Block has expanded its Bitcoin treasury after adding 114 BTC during the first quarter. The latest purchase brings the company’s direct corporate holdings to 8,997 BTC, placing it just below the 9,000 Bitcoin milestone.

Block Increases Corporate Bitcoin Holdings
The payments company, co-founded by Jack Dorsey, said its treasury holdings are now worth roughly $691 million based on recent Bitcoin prices near $76,600.

Block held 8,883 Bitcoin at the end of the previous year, showing a modest but continued accumulation strategy. The move reinforces the company’s long-standing support for Bitcoin as both a treasury asset and ecosystem investment.

Total Bitcoin Exposure Tops $2.2 Billion
In addition to corporate reserves, Block said it holds 19,357 BTC on behalf of customers through its platforms. Combined with treasury assets, the company is responsible for 28,355 BTC valued at approximately $2.2 billion at current market prices.

This broader figure highlights Block’s growing exposure to digital assets through both balance sheet strategy and customer services.

Proof-of-Reserves Dashboard Adds Transparency
The company also released a public proof-of-reserves dashboard showing wallet addresses and cryptographic verification tools. Users can independently confirm asset ownership through on-chain signatures without exposing private keys.

Block stated that the dashboard provides a point in time snapshot rather than a full solvency audit. It plans to publish regular third-party verification reports going forward.

Bitcoin Market Context
Bitcoin (BTC) traded near $76,600 at the time of writing. Corporate treasury adoption remains a key market theme, as public companies continue to use Bitcoin as a reserve asset amid global macro uncertainty.

Investors often monitor treasury purchases as a signal of institutional confidence in the asset class.


Block’s latest Bitcoin addition keeps the company among notable corporate holders of BTC. With holdings nearing 9,000 BTC and expanded transparency measures, the firm continues to strengthen its position in the digital asset sector.


FAQs

How much Bitcoin does Block own now?
Block holds 8,997 BTC in its corporate treasury after the latest quarterly purchase.

How much BTC did Block buy in Q1?
The company added 114 Bitcoin during the first quarter.

Who founded Block?
Block was co-founded by Jack Dorsey.

What is Block’s total Bitcoin exposure?
Including customer holdings, Block is responsible for 28,355 BTC.

How much are Block’s treasury holdings worth?
Its direct treasury Bitcoin is valued near $691 million at recent prices.

What is Block’s proof-of-reserves dashboard?
It is a public tool showing wallet addresses and cryptographic proofs for verification.

Does proof-of-reserves mean a full audit?
No, Block said it is a snapshot and not a complete solvency audit.

Why does Block hold Bitcoin?
The company views Bitcoin as a strategic treasury asset and ecosystem investment.

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