In the first quarter, Block acquired 114 additional bitcoin, valued at $76,277.29, bringing its total corporate reserves to nearly 9,000 BTC, approximately $691 million, as per the publicly available proof-of-reserves dashboard. This represents an increase from the 8,883 BTC held at the end of the previous year. When including the 19,357 BTC managed on behalf of clients, the firm, co-founded by Twitter's former CEO Jack Dorsey, is responsible for a total of 28,354 BTC, equivalent to around $2.2 billion at current market prices.
As the owner of Square and Cash App, Block notes that while the dashboard provides a snapshot of its holdings at a particular point in time, rather than a comprehensive solvency audit, it intends to issue regular third-party reports. The snapshot, which reflects balances as of March 2026, is supported by third-party audit checks and cryptographic signatures, allowing users to verify the information independently. To facilitate verification, the company has published its wallet addresses and signed messages on the blockchain.