Jack Dorsey’s Block Inc. released its first-ever report proving its reserves with figures exceeding expectations. The company disclosed a total of 28,355 bitcoins (BTC) as of March 2026, split between 19,357 BTC held on behalf of clients and 8,997 BTC in institutional reserves, bringing the total combined value to $2.2 billion at current Bitcoin prices.
NEW: Jack Dorsey’s Block has just released its proof of Bitcoin reserves for the first quarter of 2026. pic.twitter.com/CnmB53rBZM
– Bitcoin Archive (@BitcoinArchive) April 27, 2026
The company’s statement emphasized the principle of transparency, saying: “People should not have to trust the existence of their bitcoins, but should instead be able to verify it.” »
By using on-chain signatures, Block ensures that everyone can independently verify that their reserves are “under active control, and not simply a historical observation.”
The disclosure comes as U.S. spot Bitcoin exchange-traded funds (ETFs) saw net inflows of $1.1 billion over five consecutive trading sessions before recording an outflow yesterday, suggesting a pattern of institutional accumulation that is reducing available supply. On a related note, it appears that Michael Saylor’s strategy has not yet ended his ongoing buying journey.
Strategy acquired 3,273 BTC for ~$255.0 million at ~$77,906 per bitcoin and achieved a BTC yield of 9.6% since the start of 2026. As of 04/26/2026 we held 818,334 $BTC acquired for ~$61.81 billion at ~$75,537 per bitcoin. $MSTR $STRC https://t.co/HnXQ1OY6Yv
-Michael Saylor (@saylor) April 27, 2026
Bitcoin Price Forecast: Is the $80,000 Target Still Valid?
Bitcoin’s current price of $76,500 represents a recovery from the low of $63,000 recorded earlier this year, indicating that a consolidation phase may be heading toward an upward breakout. Although a 2% drop in 24 hours is not considered a strong bullish signal, it is consistent with calm accumulation trends.
The $75,000 level represents the closest concrete support, a psychological bottom that has looked very strong for weeks. Resistance clusters indicate that a sharp break above $79,000 with high trading volume could open the way to $80,000, having tested this level two to three times over the past few days.
Momentum indicators show that bull and base scenarios are more likely as institutional buying continues at this pace. It should be noted that Block’s belief in Bitcoin dates back to his initial purchase of 4,709 Bitcoins in 2020 – this is not a new hypothesis, but rather a cumulative overview.
Bitcoin Hyper Project Targets Early Benefits Through Stress Testing
Bitcoin’s spot price is attractive at the moment, but even a move to $80,000 only represents a 5-6% upside from current levels. For traders who believe in the path of Bitcoin but are looking for greater growth opportunities in the ecosystem, the math starts to go in other directions, and that is the proposition offered by early-stage infrastructure projects.
The Bitcoin Hyper ($HYPER) project is positioned as the first layer 2 of Bitcoin with Solana Virtual Machine (SVM) integration, offering ultra-fast execution speed and low-cost smart contracts on top of Bitcoin’s security layer.
The simple idea is: Bitcoin has trust, SVM has speed; Bitcoin Hyper combines the two. As institutional players like Metaplanet and Block continue to accumulate Bitcoin, the demand for software infrastructure for Bitcoin is accelerating in parallel.
Presale is approaching now $33 million The current price of the token is $0.0136with a staking option available for early participants. The decentralized canonical bridge for original Bitcoin transfers is a notable technical feature of the project.
The article Block Company Reveals $2.2 Billion Bitcoin Reserves appeared first on Cryptonews Arabic.