During the first quarter, Block acquired an additional 114 bitcoins, valued at approximately $76,451.52, thereby increasing its corporate reserves to nearly 9,000 BTC, which translates to around $691 million based on current data from a publicly accessible proof-of-reserves platform. 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 firm, co-founded by Jack Dorsey, former CEO of Twitter, is now responsible for a total of 28,354 BTC, equivalent to approximately $2.2 billion at present market prices. The parent company of Square and Cash App has stated that while the platform provides a snapshot of its holdings at a specific point in time, rather than a comprehensive audit of its financial stability, it intends to issue regular reports from third-party entities.
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 verify the information independently. To facilitate verification, the company has made its wallet addresses and signed messages publicly available on the blockchain.