In the first quarter, Block acquired 114 additional bitcoin, valued at $77,029.33, increasing its corporate reserves to nearly 9,000 BTC, which is approximately $691 million, as indicated by a publicly accessible proof-of-reserves dashboard. As of the end of the previous year, the company held 8,883 BTC. Including the 19,357 BTC managed on behalf of clients, the firm, co-founded by Jack Dorsey, former CEO of Twitter, is responsible for a total of 28,355 BTC, equivalent to about $2.2 billion at current market prices. The owner of Square and Cash App notes that the dashboard provides a snapshot at a specific point in time and is not a comprehensive audit of solvency, although regular third-party reports are planned for publication.
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 confirm ownership, the company has made wallet addresses and signed messages publicly available on the blockchain, eliminating the need for private key access.