In the first quarter, Block acquired an additional 114 bitcoin, valued at $76,435.21, increasing its corporate reserves to nearly 9,000 BTC, which is approximately $691 million, as indicated on a publicly accessible proof-of-reserves dashboard. At the end of the previous year, the company held 8,883 BTC. When including the 19,357 BTC managed on behalf of clients, the payments firm, co-founded by former Twitter CEO Jack Dorsey, oversees a total of 28,354 BTC, valued at around $2.2 billion at current market prices. As the owner of Square and Cash App, the company notes that the dashboard provides a snapshot at a specific point in time and is not a comprehensive audit of solvency, although 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 that can be independently verified by users. To facilitate verification of ownership without requiring access to private keys, the company has published wallet addresses and signed messages on the blockchain.