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Wu reported that Block, Inc. announced the launch of a new generation of Bitkey hardware wallets, equipped with a secure screen, and continuing the design of 2/3 multi-signature, no seed phrase, and inheritance mechanisms; at the same time, it launched features in Cash App such as automatically converting received funds to Bitcoin, 5% Bitcoin cashback, and increased withdrawal limits; additionally, Block introduced Proof of Reserves for its corporate treasury, Cash App, and Square customer assets. As of the first quarter of 2026 (verification date March 2026), Block disclosed that customers hold 19,357.16 BTC, the company holds 8,997.89 BTC, and the total holdings amount to 28,355.05 BTC.