In the first quarter, Block acquired an additional 114 bitcoins, valued at approximately $76,987.97, thereby increasing its corporate reserves to nearly 9,000 BTC, equivalent to around $691 million, as indicated on a publicly accessible proof-of-reserves dashboard. This represents a growth from the 8,883 BTC held at the close of the previous year. Including the 19,357 BTC managed on behalf of its clients, the company, co-founded by Jack Dorsey, former CEO of Twitter, is now responsible for a total of 28,354 BTC, with an estimated worth of $2.2 billion at current market prices. As the parent company of Square and Cash App, Block has introduced a dashboard providing a snapshot of its holdings, which, although not a comprehensive audit of its financial health, will be complemented by regular reports from third-party auditors.
The snapshot, which reflects the balance as of March 2026, is substantiated by third-party audit checks and cryptographic signatures, enabling users to verify the information independently. Furthermore, the company has made its wallet addresses and signed messages publicly available on the blockchain, allowing for confirmation of ownership without requiring access to private keys.