The Circuitry
THE CIRCUITRYYour one-stop source for all tech news
HOMETODAYNEWSFEEDEVENTS
BOOKMARKS
RSS
© 2026 The Circuitry
About UsSourcesContactCorrectionsPrivacy
  • Today
  • Feed
  • Events
  • Saved
Scroll for more
Verification
VERIFIEDConfidence: HIGH
Source identified
Claims cross-referenced
No discrepancies found
Sourcing
1source

via Decrypt

Decrypt · track record
22Stories
100%Verified
930d
All sources →
Markets
BTC···

Live quote · not investment advice

Home/Markets/Block Discloses $2.2B Bitcoin Holdings in Q1 Report
VERIFIEDBy Xavier Rivera· ·1 min read

Block Discloses $2.2B Bitcoin Holdings in Q1 Report

Jack Dorsey's Block discloses 28,355 BTC worth $2.2 billion in its audited Q1 proof-of-reserves report. The transparency measure, including customer and treasury splits, allows on-chain verification amid industry push post-FTX.

Source:Decrypt
Post
Block Discloses $2.2B Bitcoin Holdings in Q1 Report
TL;DRAI · 60 sec read

Block publishes Q1 proof-of-reserves report disclosing 28,355 BTC total holdings worth $2.2 billion, including 19,357 BTC ($1.5 billion) in customer assets and 8,997 BTC ($692.3 million) in corporate treasury. Auditors verify figures with on-chain signatures for independent checks. This enables verification without trust, a practice that surged after FTX's collapse. Block's treasury ranks 14th-largest.

Block publishes its first-quarter proof-of-reserves report, disclosing total Bitcoin holdings of 28,355 BTC worth approximately $2.2 billion as of March 2026.

Customer holdings total 19,357 BTC valued at about $1.5 billion, while corporate treasury holdings comprise 8,997 BTC worth roughly $692.3 million. Third-party auditors confirm the figures.
From The CircuitryThe Feed — live briefs across tech, all day.See what’s happening →
The report enables independent verification through on-chain cryptographic signatures. "People shouldn't have to trust that their Bitcoin is there, they should be able to verify it," Block states. Reserves remain actively controlled, beyond historical observation.

Block's corporate treasury ranks as the 14th-largest among corporate Bitcoin holders, behind Trump Media, per BitcoinTreasuries.net. Proof-of-reserves gained traction after FTX's November 2022 collapse, though Michael Saylor criticized the practice in May 2025 as insecure.
Block releases first-quarter earnings on May 7.
Why this mattersAI · ~100 words

Tap a lens to see what this story means for you.

Reader-supported
DonateBuy me a coffee →Follow@thecircuitry_ →Follow@thecircuitry.to →

Reader-supported · Daily Brief

Daily brief at 7 AM ET. Top tech stories, every morning. Sourced and fact-checked.

HELP US IMPROVE
From The Circuitry

See what’s happening right now

The Feed runs all day — short, verified briefs the moment they break.

Open the Feed →
From The Circuitry

Follow @thecircuitry_

Every story we publish, as it happens. No noise between.

Follow on X ↗On Bluesky ↗

Reader-supported

The Circuitry is a passion project I've always wanted to build, and I love the work behind it.

Running it costs real money. APIs, hosting, time. To keep improving the site and growing this into something useful for everyone, those costs have to be covered.

Any contribution is appreciated. If not, no pressure. Thanks for reading.

Buy me a coffee
BlockBitcoinProof of ReservesJack Dorsey
More fromDecrypt
  • Z.ai Launches GLM-5.2, a Huawei-Trained Rival to Top AI Models

    Tech · 6d
  • Greek Regulator Expected to Reject Binance MiCA License Application

    Markets · 8d
  • US Directs Anthropic to Block Access to Latest Frontier AI Models

    Tech · 11d
More inMarkets
  • Micron stock climbs 16% after AI-fueled Q3 revenue tops forecasts at $41.46 billion

    Markets · 1h
  • Binance Abandons Greek Bid for MiCA License

    Markets · 5h
  • SK Hynix to issue $29B in new shares for Nasdaq ADR listing

    Markets · 12h
SupportThe Work

The Circuitry is reader-supported. If you find the daily brief useful, you can buy me a coffee to keep it going.

Buy a coffee →
SubscribeCircuitry Brief

Daily brief at 7 AM ET. Top tech stories, every morning.

MORE IN MARKETS

Micron stock climbs 16% after AI-fueled Q3 revenue tops forecasts at $41.46 billion

Micron posted fiscal Q3 revenue of $41.46 billion that more than quadrupled year-over-year while beating estimates on AI-driven memory demand. Results featured 16 long-term customer pacts carrying $22 billion in commitments plus current-quarter guidance of about $50 billion.

Binance Abandons Greek Bid for MiCA License

Binance has withdrawn its MiCA license application in Greece and will pursue authorization in another EU country instead. The decision comes days before a July 1 deadline that could force the exchange to shut down operations for millions of users across the bloc if it lacks a license in at least one member state.

SK Hynix to issue $29B in new shares for Nasdaq ADR listing

SK Hynix approved issuance of new shares worth about $29.4 billion on June 24 to fund its American Depositary Receipts listing on Nasdaq. The July 10 debut aims to strengthen the company's capital base as AI server demand drives memory chip growth.