Block has announced the acquisition of 114 additional bitcoin, valued at $75,672.16, during the first quarter, thereby increasing its corporate reserves to nearly 9,000 BTC, which is approximately $691 million. According to the company's publicly accessible proof-of-reserves dashboard, this increase brings its total holdings to 8,997 BTC, up from 8,883 BTC at the end of the previous year. When including the 19,357 BTC held in trust for customers, the firm, co-founded by Jack Dorsey, has a total of 28,354 BTC under its management, equivalent to around $2.2 billion at current market prices. Although the provided snapshot is not a comprehensive audit of solvency, the company intends to issue regular third-party reports.
The snapshot, which reflects the balances as of March 2026, is supported by third-party audit checks and cryptographic signatures, allowing users to independently verify the information. By publishing wallet addresses and signed messages on the blockchain, the company enables anyone to verify ownership without needing access to private keys.