Jack Dorsey's Block nears 9,000 bitcoin in treasury after Q1 addition

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Jack Dorsey's Block nears 9,000 bitcoin in treasury after Q1 addition The firm added 114 BTC to its corporate treasury, for a total of 8,997 BTC, and said it plans to issue regular third-party reports. What to know: - Block said it added 114 BTC to its digital asset treasury, taking the total to 8,997 BTC. - Adding in customers' holdings, a proof-of-reserves report shows the payments company is responsible for a total of 28,355 BTC, worth about $2.2 billion. - Wallet addresses and cryptographic proofs are published for onchain verification, enabling the public to independently confirm BTC ownership. Block (XYZ) said it added 114 bitcoin Adding in the 19,357 BTC held on behalf of customers, the payments company co-founded by former Twitter CEO Jack Dorsey said it is responsible for a total of 28,355 BTC, worth about $2.2 billion at current prices. The owner of Square and Cash App said the dashboard is a point-in-time snapshot and not a full audit of solvency, though it plans to publish regular third-party reports. The snapshot reflects balances as of March 2026 and is backed by third-party audit checks and cryptographic signatures that users can verify independently. The company published wallet addresses and signed messages onchain, allowing anyone to confirm ownership without access to private keys. More For You Bitmine bought $234 million of ether in its largest weekly purchase this year, closing in on Strategy's regular bitcoin buys once the firm's STRC-fueled spikes are stripped out. What to know: - Bitmine Immersion Technologies bought $234 million of ether last week, bringing its weekly crypto purchases close to the typical $200 million to $300 million that Strategy spends on bitcoin. - Despite sitting on nearly $8 billion in unrealized losses earlier this year, Bitmine accelerated its purchases, giving ether a Strategy-like corporate...

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