In the first quarter, Block acquired 114 additional bitcoin, valued at $76,182.56, increasing its corporate reserves to nearly 9,000 BTC, which is approximately $691 million, as per the publicly accessible proof-of-reserves dashboard. At the end of the previous year, the company held 8,883 BTC.
Including the 19,357 BTC managed on behalf of its customers, the firm, co-founded by former Twitter CEO Jack Dorsey, is now responsible for a total of 28,354 BTC, valued at around $2.2 billion at current market prices. As the owner of Square and Cash App, Block notes that the dashboard provides a snapshot of its holdings at a specific point in time and is not a comprehensive audit of its financial health, although it intends to publish regular reports from third-party auditors. The snapshot, which reflects the company's balances as of March 2026, is supported by third-party audit checks and cryptographic signatures, allowing users to verify the information independently. To ensure transparency, Block has published its wallet addresses and signed messages on the blockchain, enabling anyone to confirm ownership without needing access to private keys.