Jack Dorsey’s Block disclosed 28,355 Bitcoin holdings worth about $2.2 billion, including 19,357 BTC▲$63,648.00 in customer balances.
Block, the fintech firm founded by Twitter creator Jack Dorsey, revealed it holds 28,355 BTC worth about $2.2 billion, opening up its balances to public verification in a transparency push.
The Q1 2026 snapshot published on the company’s website shows 19,357 BTC (~$1.5 billion) tied to customer balances and 8,997 BTC (~$692 million) sitting on its own books.
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Q1 Snapshot Shows Steady Bitcoin Holdings
The company’s update indicates that there hasn’t been much change since December 2025 when it reported holding a large number of Bitcoins in the treasury worth millions of dollars.
- The total amount held by the company is estimated to be just shy of 9,000 BTC for the quarter, indicating the company was holding onto its Bitcoins for at least a year.
According to BitcoinTreasuries data, Block, Inc. ranks around 14th globally among public Bitcoin holders, placing it behind firms like Tesla with roughly 11,500 BTC and the industry’s leader Strategy with over 818,000 BTC.
Long-term Bet
Block has been holding Bitcoin since October 2020, with an average cost basis of around $32,939 per BTC, according to data from BitcoinTreasuries. With Bitcoin trading far above that level through 2025-2026, that implies gains of roughly +130% on paper.
The disclosure lands during a major reset inside the company. In February 2026, Block said it would cut over 4,000 jobs, nearly half of its workforce, as part of a broader shift to integrate AI across operations, Reuters reported.
- It should be noted that Block said the numbers were provided only for a particular moment in time and not included any sort of audit.
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