In the first quarter, Block acquired 114 additional bitcoin, valued at approximately $75,850.41, thereby increasing its corporate reserves to nearly 9,000 BTC, which translates to around $691 million based on current valuations, as indicated by 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 its clients, the firm, co-founded by Jack Dorsey, former CEO of Twitter, oversees a total of 28,354 BTC, equivalent to roughly $2.2 billion at prevailing market prices. The owner of Square and Cash App has clarified that this snapshot serves as a momentary reflection of its holdings and does not constitute a comprehensive audit of solvency. However, the company intends to issue regular reports from third-party auditors. This snapshot, which reflects the balance as of March 2026, is substantiated by third-party audit checks and cryptographic signatures, enabling users to verify the information independently.
To facilitate verification, the company has made wallet addresses and signed messages publicly available on the blockchain.