Just saw Block dropped their proof of reserves and the numbers are pretty solid. They're sitting on 28,355 BTC total as of end of Q1, which comes out to roughly $2.3B at current prices. That's a serious position for a payments company. Interesting split too - about 19k BTC belong to clients, while the company treasury holds nearly 9k. For context on their market cap and overall valuation, this reserve level shows they're taking their crypto holdings pretty seriously. Jack Dorsey's company clearly isn't just dabbling here. The fact they're being transparent about it, especially with that breakdown between client and company holdings, actually builds some confidence. Not every major player publishes detailed proof of reserves like this.