Block Releases Open Source Tools for Bitcoin Treasury Management
Today, Block Open Source released a bitcoin corporate holdings dashboard along with a BTC-to-USD real time price quote API. The project is available on the Block Open Source public GitHub repository, enabling companies and developers to build their own features and track their bitcoin corporate holdings.
As more companies diversify their treasuries by adding bitcoin to their balance sheets, they face unique challenges in tracking and reporting these digital assets. Companies may add bitcoin to their corporate treasury for several key reasons:
- Diversification: bitcoin can serve as an additional treasury asset alongside more traditional holdings.
- Ecosystem support: demonstrates commitment to the bitcoin ecosystem, especially for companies who have bitcoin-related product offerings.
- Inflation hedge: protection against potential fiat currency devaluation and inflation
- Portfolio optimization: can potentially improve risk-adjusted returns of treasury holdings.
For companies that have added bitcoin to their balance sheets, this open source dashboard provides essential functionality:
- Visibility into the current value of bitcoin holdings, including potentially on a real-time basis
- Simple, intuitive interface accessible to both finance teams and executives
- Price data through a dedicated, open source BTC/USD price quote API
The project is also exploring adding capabilities for time-stamped historical value lookup capability for quarter-end reporting. Discussions on this feature and other requests are welcome in Github Issues.
The working model was initially built by non-engineers using Block's open source AI agent, codename goose. AI agents like codename goose are transforming how companies innovate by enabling non-technical teams to experiment with and prototype sophisticated tools that previously required extensive engineering resources. Engineers from Block's Bitcoin Platform team later joined the effort, with codename goose accelerating the development of the tool's front end through automated coding assistance.
Block has been a pioneer in corporate bitcoin holdings, as detailed in their original Bitcoin Investment Memo from October 2020 and the subsequent Bitcoin Blueprint for Corporate Balance Sheets. The company’s own instance of the bitcoin holdings dashboard is available at bitcoin.block/xyz. The company maintains a monthly dollar-cost averaging (DCA) purchase program and anticipates updating its bitcoin holdings dashboard quarterly after earnings.
This dashboard represents the next step in Block's mission to make bitcoin more accessible and transparent for corporate treasuries. By sharing this tool, Block aims to lower the operational barriers for companies looking to add bitcoin to their balance sheets.
Today, Block Open Source released a bitcoin corporate holdings dashboard along with a BTC-to-USD real time price quote API. The project is available on the Block Open Source public GitHub repository, enabling companies and developers to build their own features and track their bitcoin corporate holdings.
As more companies diversify their treasuries by adding bitcoin to their balance sheets, they face unique challenges in tracking and reporting these digital assets. Companies may add bitcoin to their corporate treasury for several key reasons:
- Diversification: bitcoin can serve as an additional treasury asset alongside more traditional holdings.
- Ecosystem support: demonstrates commitment to the bitcoin ecosystem, especially for companies who have bitcoin-related product offerings.
- Inflation hedge: protection against potential fiat currency devaluation and inflation
- Portfolio optimization: can potentially improve risk-adjusted returns of treasury holdings.
For companies that have added bitcoin to their balance sheets, this open source dashboard provides essential functionality:
- Visibility into the current value of bitcoin holdings, including potentially on a real-time basis
- Simple, intuitive interface accessible to both finance teams and executives
- Price data through a dedicated, open source BTC/USD price quote API
The project is also exploring adding capabilities for time-stamped historical value lookup capability for quarter-end reporting. Discussions on this feature and other requests are welcome in Github Issues.
The working model was initially built by non-engineers using Block's open source AI agent, codename goose. AI agents like codename goose are transforming how companies innovate by enabling non-technical teams to experiment with and prototype sophisticated tools that previously required extensive engineering resources. Engineers from Block's Bitcoin Platform team later joined the effort, with codename goose accelerating the development of the tool's front end through automated coding assistance.
Block has been a pioneer in corporate bitcoin holdings, as detailed in their original Bitcoin Investment Memo from October 2020 and the subsequent Bitcoin Blueprint for Corporate Balance Sheets. The company’s own instance of the bitcoin holdings dashboard is available at bitcoin.block/xyz. The company maintains a monthly dollar-cost averaging (DCA) purchase program and anticipates updating its bitcoin holdings dashboard quarterly after earnings.
This dashboard represents the next step in Block's mission to make bitcoin more accessible and transparent for corporate treasuries. By sharing this tool, Block aims to lower the operational barriers for companies looking to add bitcoin to their balance sheets.