In the first quarter, Block acquired an additional 114 bitcoin, valued at approximately $76,622.70, pushing its corporate reserves to nearly 9,000 BTC, equivalent to around $691 million, as indicated by a publicly accessible proof-of-reserves dashboard. This marks an increase from the 8,883 BTC held at the end of the previous year.
Including the 19,357 BTC managed on behalf of its clients, the company, co-founded by Jack Dorsey, former CEO of Twitter, oversees a total of 28,355 BTC, valued at roughly $2.2 billion at current market prices. As the owner of Square and Cash App, Block has introduced a dashboard that offers a snapshot of its holdings at a specific point in time, rather than a comprehensive solvency audit, although it 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 the information independently. Furthermore, the company has made its wallet addresses and signed messages publicly available on the blockchain, allowing anyone to confirm ownership without needing access to private keys.