Block has announced the addition of 114 bitcoin, valued at $76,289.89, to its reserves during the first quarter, thereby increasing its corporate bitcoin holdings to nearly 9,000, which translates to approximately $691 million based on current valuations, 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 clients, the firm, co-founded by Jack Dorsey, former CEO of Twitter, oversees a total of 28,354 BTC, equivalent to roughly $2.2 billion at present market prices. The parent company of Square and Cash App has clarified that this snapshot provides a momentary glimpse and does not serve as a comprehensive audit of solvency.
Nonetheless, the company intends to publish regular reports from third-party auditors. This snapshot, which reflects balances as of March 2026, is substantiated by third-party audit checks and cryptographic signatures, enabling users to verify the information independently. To facilitate verification, the company has made wallet addresses and signed messages available on the blockchain, allowing confirmation of ownership without requiring access to private keys.