In the first quarter, Block acquired an additional 114 bitcoins, valued at $76,953.90, bringing its total corporate bitcoin holdings to nearly 9,000, equivalent to approximately $691 million, as reported on a publicly accessible proof-of-reserves dashboard. This marks 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 customers, the company, co-founded by Jack Dorsey, has a total responsibility of 28,354 BTC, valued at around $2.2 billion at current market prices. As the owner of Square and Cash App, Block has introduced a dashboard providing a snapshot of its holdings, which, although not a comprehensive audit of solvency, will be supplemented by regular third-party reports. This snapshot, reflecting balances as of March 2026, is validated by third-party audit checks and cryptographic signatures, enabling users to verify the information independently. To ensure transparency, the company has published its wallet addresses and signed messages on the blockchain, allowing anyone to verify ownership without needing access to private keys.