In the first quarter, Block acquired an additional 114 bitcoins, valued at approximately $76,310.64, increasing its corporate reserves to nearly 9,000 BTC, which translates to around $691 million based on current valuations, 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 managed on behalf of its clients, the payments firm, co-founded by Jack Dorsey, former CEO of Twitter, oversees a total of 28,355 BTC, equivalent to approximately $2.2 billion at present prices. The owner of Square and Cash App notes that while the dashboard provides a snapshot of its holdings at a particular point in time and does not serve as a comprehensive audit of its financial health, it intends to release periodic reports from third-party auditors.
This snapshot, current as of March 2026, is supported by external audit checks and cryptographic signatures, allowing users to verify the information independently. To ensure transparency, the company has made wallet addresses and signed messages publicly available on the blockchain, enabling anyone to verify ownership without needing access to private keys.