Block has announced the addition of 114 bitcoins, valued at $76,502.26, to its treasury in the first quarter, bringing its total corporate bitcoin holdings to nearly 9,000, equivalent to approximately $691 million, as indicated by a publicly accessible proof-of-reserves dashboard. As of the end of the previous year, the company held 8,883 BTC. When including the 19,357 BTC managed on behalf of its customers, the firm, co-founded by former Twitter CEO Jack Dorsey, is responsible for a total of 28,354 BTC, valued at around $2.2 billion at current market prices.
The owner of Square and Cash App notes that while the dashboard provides a snapshot of its holdings at a particular point in time, rather than a comprehensive audit of its financial health, it intends to issue regular reports from third-party auditors. The snapshot, which reflects the company's balances as of March 2026, is supported by third-party audit checks and cryptographic signatures, allowing users to independently verify the information. To ensure transparency, the company has published its wallet addresses and signed messages on the blockchain, enabling anyone to confirm ownership without needing access to private keys.