During the first quarter, Block acquired 114 additional bitcoins, valued at $76,496.01, 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 clients, the firm, co-founded by Twitter's former 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 specific point in time, rather than a comprehensive solvency audit, it plans 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 verify the information independently. To facilitate verification, the company has published its wallet addresses and signed messages on the blockchain, enabling anyone to confirm ownership without needing access to private keys.