In the first quarter, Block acquired an additional 114 bitcoins, valued at $76,399.87, bringing its total corporate reserves to nearly 9,000 BTC, equivalent to approximately $691 million, as indicated by 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 its clients, Block, co-founded by former Twitter CEO Jack Dorsey, oversees a total of 28,355 BTC, valued at around $2.2 billion at current market prices. As the owner of Square and Cash App, the company notes that this snapshot provides a point-in-time view 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, allowing users to verify the information independently. To facilitate verification, the company has published wallet addresses and signed messages on the blockchain, enabling anyone to confirm ownership without needing access to private keys.