Block Inc. Discloses $2.2 Billion in Bitcoin Holdings in Q1 Proof-of-Reserves Report
Block Inc., led by Jack Dorsey, disclosed holding 28,355 BTC valued at approximately $2.2 billion in its Q1 proof-of-reserves report. The report includes $1.5 billion in customer-held Bitcoin and $692.3 million in corporate treasury. Third-party auditors confirmed the findings, emphasizing transparency in the wake of past crypto failures.
Topics: Bitcoin Block Inc. Corporate Holdings Crypto Transparency Proof-of-Reserves