In the first quarter, Block acquired 114 additional bitcoins, valued at approximately $75,221.91, increasing its corporate reserves to nearly 9,000 BTC, which is equivalent to around $691 million, as indicated by a publicly accessible proof-of-reserves dashboard. At the end of the previous year, the company held 8,883 BTC. When including the 19,357 BTC managed on behalf of clients, Block, a company co-founded by former Twitter CEO Jack Dorsey, oversees a total of 28,354 BTC, valued at roughly $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, rather than a comprehensive audit of its financial health, it intends to issue regular reports from third-party auditors. The snapshot, which reflects the company's balances as of March 2026, is supported by external audit checks and cryptographic signatures that can be independently verified by users. To facilitate verification of ownership without requiring access to private keys, Block has published its wallet addresses and signed messages on the blockchain.