During the first quarter, Block acquired an additional 114 bitcoins, valued at $77,270.49, thereby increasing its corporate reserves to nearly 9,000 BTC, which translates to approximately $691 million, as indicated by a publicly accessible proof-of-reserves dashboard. This marks a significant increase from the 8,883 BTC it held at the end of the previous year.
When including the 19,357 BTC managed on behalf of its clients, the firm, co-founded by former Twitter CEO Jack Dorsey, is now responsible for a total of 28,354 BTC, equivalent to around $2.2 billion at current market prices. As the parent company of Square and Cash App, Block has introduced a dashboard that provides a snapshot of its holdings at a specific point in time, rather than a comprehensive audit of its financial health.
However, the company intends to publish regular reports from third-party auditors. The snapshot, which reflects the 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 its wallet addresses and signed messages publicly available on the blockchain, enabling anyone to confirm ownership without needing access to private keys.