Following the acquisition of 114 bitcoin, valued at $77,131.69, in the first quarter, Block's corporate reserves have grown to nearly 9,000 BTC, 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 clients, the payments firm, co-founded by Jack Dorsey, former Twitter CEO, 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 solvency, it intends to issue regular reports from third-party auditors. 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 made wallet addresses and signed messages available on the blockchain.