Block Inc. 28.355 BTC Reserve Report Released

BTC

BTC/USDT

$77,180.95
-2.43%
24h Volume

$19,543,230,805.95

24h H/L

$79,375.00 / $76,459.64

Change: $2,915.36 (3.81%)

Long/Short
48.1%
Long: 48.1%Short: 51.9%
Funding Rate

-0.0009%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$77,180.95

-0.25%

Volume (24h): -

Resistance Levels
Resistance 3$80,810.00
Resistance 2$79,453.03
Resistance 1$77,343.42
Price$77,180.95
Support 1$76,907.45
Support 2$75,563.42
Support 3$72,812.40
Pivot (PP):$77,250.12
Trend:Uptrend
RSI (14):59.1
(06:11 PM UTC)
2 min read

Contents

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Fintech giant Block Inc., under Jack Dorsey's leadership as the owner of Square and Cash App platforms, has shared its first quarter proof-of-reserves report with the public. The report emphasizes that the company's total bitcoin holdings reached 28.355 BTC, including customer accounts. As of the end of March 2026, this asset was worth approximately 2.2 billion dollars and was verified by independent auditors. With the current BTC price at 76.187,29 USD, the holdings are now worth approximately 2.16 billion dollars.

Block Inc. proof-of-reserves report screenshot
The report, approved by third-party auditors, provides transparency by separating company and customer assets.

Block Inc.'s BTC Reserves Distribution Details

Customer accounts hold 19.357 BTC (end of March 1.5 billion dollars), while the company treasury holds 8.997 BTC (692.3 million dollars). The following table summarizes the distribution:

CategoryBTC AmountValue (March 2026)
Total28.355 BTC2.2 billion USD
Customer19.357 BTC1.5 billion USD
Company8.997 BTC692.3 million USD

Independent Audit and On-Chain BTC Verification

The company stated that everyone can independently verify these amounts using blockchain signatures. This can be integrated with BTC detailed analysis tools. The proof-of-reserves, standardized after the FTX collapse, covers Block's corporate treasury, Square, and Cash App assets.

BTC Technical Analysis: Current Support and Resistance Levels

BTC is down -0.73% in 24 hours at 76.187 USD, RSI 55.28 (neutral), Supertrend bearish. EMA 20: 75.400 USD. Key levels:

LevelPriceScoreDistanceSources
S1 (Strong)72.809 USD80/100-4.39%Ichimoku Kijun, Fibo 0.382
S2 (Strong)74.682 USD65/100-1.93%Ichimoku
R1 (Strong)80.810 USD65/100+6.12%Fibo 0.618, ATR
R2 (Medium)76.518 USD57/100+0.48%Pivot, Ichimoku

In a sideways trend, Block's BTC carries risk near the S1 support. For details, BTC futures.

Crypto Transparency Trend and Michael Saylor's View

While Michael Saylor argues that similar reports carry security risks, Block is strengthening user confidence. Active reserve management differs from passive reports. Tokens like FTT have increased the demand for transparency after FTX.

Block Stock and May 7 Earnings Expectations

Block shares closed at 71.28 USD on NYSE with a 0.49% decline, up 24.9% in the last month. Net profit changes will be monitored in the May 7 Q1 earnings; there was volatility in the previous Q4. In the sector, fintechs are shifting toward strict standards.

Block's move is rebuilding institutional BTC confidence.

Crypto Research Analyst: Michael Roberts

Blockchain technology and DeFi focused

This analysis is not investment advice. Do your own research.

MR

Michael Roberts

COINOTAG author

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