In the first quarter, Block acquired 114 additional bitcoin, valued at $76,245.57, bringing its total corporate bitcoin holdings to nearly 9,000, which is equivalent to approximately $691 million, as indicated by a publicly accessible proof-of-reserves dashboard. As of the end of the previous year, the company held 8,883 BTC. When including the 19,357 BTC managed on behalf of its clients, the firm, co-founded by former Twitter CEO Jack Dorsey, is responsible for a total of 28,354 BTC, valued at around $2.2 billion at current market prices.
Although the owner of Square and Cash App describes the dashboard as a point-in-time snapshot rather than a comprehensive audit of solvency, it intends to issue regular third-party reports. The snapshot, which reflects balances as of March 2026, is supported by third-party audit checks and cryptographic signatures, enabling users to verify the information independently. To confirm ownership, the company has published wallet addresses and signed messages on the blockchain, allowing verification without requiring access to private keys.