In the first quarter, Block acquired 114 additional bitcoin, valued at approximately $76,323.58, bringing its total corporate bitcoin holdings to nearly 9,000, with an estimated worth of around $691 million, as indicated on 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 held in trust for clients, the firm, co-founded by Jack Dorsey, former CEO of Twitter, is now responsible for a total of 28,354 BTC, valued at approximately $2.2 billion at current market prices. The owner of Square and Cash App notes that while the dashboard offers a snapshot of its holdings at a particular point in time, rather than a comprehensive audit of its financial health, it intends to issue 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 independently verify the information. To ensure transparency, the company has published its wallet addresses and signed messages on the blockchain, enabling anyone to confirm ownership without needing access to private keys.