During the first quarter, Block acquired an additional 114 bitcoins, valued at $76,342.98, bringing its total corporate bitcoin holdings to nearly 9,000, with an estimated worth of $691 million, as per the publicly available proof-of-reserves dashboard. The company's bitcoin holdings stood at 8,883 at the end of the previous year. Including the 19,357 BTC managed on behalf of its clients, the firm, co-founded by Jack Dorsey, has a total responsibility of 28,354 BTC, equivalent to approximately $2.2 billion at current market prices. As the owner of Square and Cash App, Block has clarified that the dashboard provides a snapshot at a particular point in time and does not constitute a comprehensive solvency audit, although it plans to issue regular reports audited by third parties.
The snapshot, which reflects the balance as of March 2026, is supported by third-party audit checks and cryptographic signatures, enabling users to verify the information independently. To ensure transparency, the company has made wallet addresses and signed messages publicly available on the blockchain, allowing anyone to verify ownership without needing access to private keys.