Block Reports 28,355 BTC in Q1 2026 Proof of Reserves (2 minute read)
Block disclosed holding 28,355 Bitcoin in its Q1 2026 proof of reserves, demonstrating ongoing corporate treasury commitment to cryptocurrency.
What: Block (formerly Square) reported 28,355 BTC in its quarterly proof of reserves filing and continues its policy of reinvesting 10% of bitcoin profits into monthly BTC purchases through its Cash App Bitcoin Ecosystem.
Decoder
- Proof of Reserves: A transparency practice where companies publicly verify their cryptocurrency holdings through cryptographic attestation or audits, showing they actually possess the assets they claim.
Original article
Block (formerly Square) disclosed 28,355 BTC in its Q1 2026 proof of reserves filing alongside preliminary Cash App Bitcoin Ecosystem Revenue, continuing the company's policy of investing 10% of bitcoin profits into BTC purchases each month.