Jack Dorsey’s Block Adds 114 BTC, Bringing Treasury Total To 8,997 BTC

Jack Dorsey’s Block said it added 114 BTC to its corporate treasury in Q1, taking its total to 8,997 BTC, and the company said it plans to issue regular third-party reports.

“Jack Dorsey's Block nears 9,000 bitcoin in treasury after Q1 addition The firm added 114 BTC to its corporate treasury, for a total of 8,997 BTC, and said it plans to issue regular third-party reports”

@coindesk

CoinDesk reports that Block’s proof-of-reserves approach shows the payments company is responsible for a total of 28,355 BTC when customers’ holdings are included, which CoinDesk says is worth about $2.2 billion at current prices.

@coindesk

CoinDesk also says Block published wallet addresses and cryptographic proofs for onchain verification, enabling the public to independently confirm BTC ownership.

The CoinDesk article describes the dashboard as a point-in-time snapshot and says it is not a full audit of solvency, while also stating Block plans to publish regular third-party reports.

CoinDesk adds that the snapshot reflects balances as of March 2026 and is backed by third-party audit checks and cryptographic signatures that users can verify independently.

In the same CoinDesk reporting, Block is described as publishing wallet addresses and signed messages onchain so that anyone can confirm ownership without access to private keys.

The CoinDesk piece also notes that Block (XYZ) “said it added 114 bitcoin,” tying the treasury increase directly to the company’s Q1 disclosure.

CoinDesk describes Block’s proof-of-reserves reporting as combining onchain materials with third-party checks, saying the snapshot reflects balances as of March 2026 and is backed by third-party audit checks and cryptographic signatures that users can verify independently.

The same CoinDesk report says Block published wallet addresses and signed messages onchain, allowing anyone to confirm ownership without access to private keys.

Bitcoin World

CoinDesk also frames the dashboard as a point-in-time snapshot rather than a full audit of solvency, while still stating Block plans to publish regular third-party reports.

The CoinDesk article’s structure emphasizes that the public can independently confirm BTC ownership through the published wallet addresses and cryptographic proofs.

CoinDesk’s reporting also ties the customer-facing holdings figure to the proof-of-reserves total, stating that adding in customers’ holdings shows Block is responsible for 28,355 BTC.

The CoinDesk piece further states that the snapshot is “backed by third-party audit checks and cryptographic signatures,” which it presents as part of the verification mechanism.

Taken together, CoinDesk’s account portrays Block’s Q1 disclosure as both a treasury update—114 BTC to reach 8,997 BTC—and a broader transparency exercise for customer holdings.

CoinDesk reports that when customers’ holdings are included, Block is responsible for a total of 28,355 BTC, which CoinDesk says is worth about $2.2 billion at current prices.

“Jack Dorsey's Block nears 9,000 bitcoin in treasury after Q1 addition The firm added 114 BTC to its corporate treasury, for a total of 8,997 BTC, and said it plans to issue regular third-party reports”

CoinDesk

The CoinDesk article also states that Block added 114 BTC to its digital asset treasury, taking the total to 8,997 BTC, and it presents this as part of the firm’s broader crypto position.

CoinDesk’s account includes a specific mechanism for transparency: it says wallet addresses and cryptographic proofs are published for onchain verification, enabling the public to independently confirm BTC ownership.

The CoinDesk report also emphasizes that the dashboard is a point-in-time snapshot and not a full audit of solvency, while still describing the company’s intention to issue regular third-party reports.

In parallel, the Bitcoin World article frames the same 114 BTC addition as a “bold Bitcoin investment strategy,” saying Block added 114 BTC to its corporate treasury and bringing its total bitcoin holdings to nearly 9,000 BTC.

Bitcoin World also claims that this purchase now values Block’s bitcoin stash at approximately $691 million, while stating that the firm has not disclosed the exact purchase price for the latest 114 BTC.

The two accounts therefore align on the treasury increase and the near-9,000 BTC framing, while diverging on how they present the significance of the disclosure.

CoinDesk ties the proof-of-reserves snapshot to a specific time reference, stating that the snapshot reflects balances as of March 2026, and it says Block plans to publish regular third-party reports.

The CoinDesk report also describes the company as co-founded by former Twitter CEO Jack Dorsey, and it identifies Block as the owner of Square and Cash App.

@coindesk

Bitcoin World, meanwhile, places the 114 BTC addition in a different time frame, saying the decisive move was “in the first quarter of 2025” and that the new 114 BTC purchase was executed during the first three months of 2025.

Bitcoin World also states that Block first invested in bitcoin in October 2020 and says it has steadily accumulated the cryptocurrency through both market purchases and its customer-facing bitcoin trading services.

The Bitcoin World article further claims that Jack Dorsey has consistently framed bitcoin as a tool for economic empowerment and that Block allocates a significant portion of its reserves to bitcoin rather than holding cash or traditional bonds.

CoinDesk does not include those historical and strategic claims in the provided text, but it does connect the Q1 treasury increase to a transparency plan and onchain verification.

The result is a clear divergence in the timeline detail: CoinDesk’s snapshot is anchored to March 2026, while Bitcoin World’s narrative anchors the 114 BTC purchase to Q1 2025.

CoinDesk’s reporting on Block also includes a separate “More For You” item about another crypto purchase, stating that Bitmine bought $234 million of ether in its largest weekly purchase this year.

“Jack Dorsey's Block nears 9,000 bitcoin in treasury after Q1 addition The firm added 114 BTC to its corporate treasury, for a total of 8,997 BTC, and said it plans to issue regular third-party reports”

@coindesk

CoinDesk’s “What to know” section says Bitmine Immersion Technologies bought $234 million of ether last week, bringing its weekly crypto purchases close to the typical $200 million to $300 million that Strategy spends on bitcoin.

Bitcoin World

The CoinDesk text also notes that despite sitting on nearly $8 billion in unrealized losses earlier this year, Bitmine accelerated its purchases.

Bitcoin World’s provided text does not include this Bitmine ether purchase, but it does discuss Block’s bitcoin strategy and accounting approach, including impairment accounting and the idea that falling bitcoin prices can lead to write-downs.

The Block article from The Block could not be accessed in the provided source text, showing a page stating “Please enable cookies. Sorry, you have been blocked,” along with a Cloudflare Ray ID and an IP address.

That access issue is itself a point of divergence in what can be verified from the blocked site, even though the CoinDesk and Bitcoin World sources provide the figures about Block’s 114 BTC addition and the proof-of-reserves snapshot.

Overall, the available sources connect Block’s Q1 bitcoin treasury update to a broader crypto landscape that includes Bitmine’s ether buying and the transparency mechanisms CoinDesk describes for onchain verification.