In the first quarter, Block acquired an additional 114 bitcoins, valued at approximately $75,440.47, thereby increasing its corporate reserves to nearly 9,000 BTC, which translates to around $691 million based on current prices, 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 its clients, Block, co-founded by Jack Dorsey, former CEO of Twitter, is now responsible for a total of 28,354 BTC, equivalent to roughly $2.2 billion at present market values. As the owner of Square and Cash App, Block has introduced a dashboard providing a snapshot of its holdings at a particular point in time, rather than a comprehensive audit of solvency, although it intends to issue regular reports audited by third-party entities.
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 facilitate verification of ownership without requiring access to private keys, the company has made wallet addresses and signed messages publicly available on the blockchain.