In the first quarter, Block acquired an additional 114 bitcoins, valued at approximately $75,920, thereby increasing its corporate reserves to nearly 9,000 BTC, equivalent to around $691 million, as indicated on a publicly accessible proof-of-reserves dashboard. At the close of the previous year, the company held 8,883 BTC.
When combining the 19,357 BTC managed on behalf of clients, the payments firm, 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, the company notes that the dashboard provides a snapshot at a specific point in time and is not a comprehensive audit of solvency, although it intends to issue regular reports from third-party providers.
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. To confirm ownership, the company has published wallet addresses and signed messages on the blockchain, allowing verification without requiring access to private keys.