Block has announced the addition of 114 bitcoins, valued at $77,070.98, to its reserves during the first quarter, thereby increasing its corporate bitcoin holdings to nearly 9,000, equivalent to approximately $691 million, as indicated by a publicly accessible 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 its clients, the company, co-founded by former Twitter CEO Jack Dorsey, is now responsible for a total of 28,354 BTC, valued at around $2.2 billion at current market prices. As the owner of Square and Cash App, Block has emphasized that this snapshot provides a momentary glimpse into its holdings and is not a comprehensive audit of its financial stability, although it intends to issue regular third-party reports in the future. 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. By publishing wallet addresses and signed messages on the blockchain, Block enables anyone to confirm ownership without requiring access to private keys.