During the first quarter, Block acquired an additional 114 bitcoin, valued at $77,593.87, increasing its corporate reserves to nearly 9,000 BTC, equivalent to approximately $691 million, as indicated on a publicly accessible proof-of-reserves dashboard. As of the end of the previous year, the company held 8,883 BTC.
When including the 19,357 BTC managed on behalf of clients, the firm, co-founded by former Twitter CEO Jack Dorsey, oversees a total of 28,354 BTC, valued at around $2.2 billion at current market prices. Although the proof-of-reserves dashboard provides a point-in-time snapshot rather than a comprehensive audit of solvency, the company behind Square and Cash App 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, enabling users to verify ownership independently without requiring access to private keys.
To facilitate verification, the company has published wallet addresses and signed messages on the blockchain.