In the first quarter, Block acquired an additional 114 bitcoin, valued at $77,244.84, bringing its total corporate bitcoin holdings to nearly 9,000, equivalent to approximately $691 million, as indicated by a publicly accessible proof-of-reserves dashboard. This represents an increase from the 8,883 BTC held at the end of the previous year.
When including the 19,357 BTC managed on behalf of clients, the company, co-founded by Jack Dorsey, former CEO of Twitter, has a total responsibility of 28,354 BTC, valued at about $2.2 billion at current market prices. As the owner of Square and Cash App, Block has stated that while the dashboard provides a snapshot of its holdings at a particular point in time and is not a comprehensive audit of its financial stability, it intends to release regular reports from third-party auditors.
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. Furthermore, Block has made its wallet addresses and signed messages publicly available on the blockchain, enabling anyone to confirm ownership without needing access to private keys.