During the first quarter, Block acquired an additional 114 bitcoins, valued at $76,401.48, increasing its corporate reserves to nearly 9,000 BTC, which is 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, the payments firm, co-founded by Jack Dorsey, former CEO of Twitter, is now responsible for a total of 28,354 BTC, worth around $2.2 billion at current market prices.
As the owner of Square and Cash App, Block has stated that while the dashboard provides a point-in-time snapshot, it is not a comprehensive audit of solvency; however, the company intends to publish 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 ensure transparency, the company has made wallet addresses and signed messages publicly available on the blockchain, enabling anyone to confirm ownership without needing access to private keys.