In the first quarter, Block acquired an additional 114 bitcoins, valued at $77,353.43, increasing its corporate reserves to nearly 9,000 BTC, equivalent to approximately $691 million, as indicated by a publicly accessible proof-of-reserves dashboard. This represents a significant increase from the 8,883 BTC held at the end of the previous year. When including the 19,357 BTC managed on behalf of clients, the company, co-founded by former Twitter CEO Jack Dorsey, is now responsible for a total of 28,355 BTC, valued at around $2.2 billion at current market prices. Although the provided snapshot is a point-in-time representation rather than a comprehensive audit of solvency, Block intends to issue regular third-party reports.
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 ensure transparency, the company has published wallet addresses and signed messages on the blockchain, enabling anyone to verify ownership without requiring access to private keys.