In the first quarter, Block acquired an additional 114 bitcoin, currently valued at $77,040.70, 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 last year, the company held 8,883 BTC.
When including the 19,357 BTC managed on behalf of clients, the payments firm, co-founded by former Twitter CEO Jack Dorsey, is responsible for a total of 28,354 BTC, valued at around $2.2 billion at current market prices. The owner of Square and Cash App notes that while the dashboard provides a point-in-time snapshot, it is not a comprehensive audit of solvency; however, the company 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 confirm ownership, the company has published wallet addresses and signed messages on the blockchain, enabling verification without requiring access to private keys.