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Block (the parent company of Square/Cash App) disclosed that in the first quarter of 2026, it purchased an additional 114 BTC, increasing the company's Bitcoin holdings to 8,997 coins, worth approximately $691 million at current prices.
Including the 19,357 BTC held by clients, Block's total custodial holdings amount to 28,355 BTC, roughly $2.2 billion.
Block also published wallet addresses and on-chain signatures as cryptographic proof for independent verification of holdings; the company emphasized that this "reserve proof" is a snapshot as of March 2026 and not a comprehensive solvency audit, with plans to regularly release third-party reports in the future. (CoinDesk)