During the first quarter, Block acquired an additional 114 bitcoins, valued at $77,362.60, boosting its corporate reserves to nearly 9,000 BTC, which is approximately $691 million, as indicated on 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 customers, the firm, co-founded by former Twitter CEO Jack Dorsey, is responsible for a combined total of 28,355 BTC, equivalent to around $2.2 billion at current market prices. Although the owner of Square and Cash App describes the dashboard as a point-in-time snapshot rather than a comprehensive solvency audit, it 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 independently verify the information. By publishing wallet addresses and signed messages on the blockchain, the company enables anyone to confirm ownership without needing access to private keys.