Just saw that Block released their proof of reserves - they're sitting on over 28k Bitcoin now, worth around $2.2 billion. Pretty interesting move for a publicly traded company to be this transparent about their holdings. Apparently about 19k of those coins are held on behalf of clients, while the rest is in their treasury. That's roughly $1.5 billion in client assets and close to $700 million in company holdings. For a payment company, that's a serious Bitcoin position. Makes you wonder how many other public companies are quietly stacking sats like this. Block Inc stock holders might actually be more exposed to crypto than they realize through the treasury alone.

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