In the first quarter, Block acquired an additional 114 bitcoins, valued at approximately $78,109.97, 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. As of the end of the previous year, the company held 8,883 BTC.
When including the 19,357 BTC managed on behalf of its clients, the payments firm, co-founded by Jack Dorsey, former CEO of Twitter, is responsible for a total of 28,355 BTC, which is valued at approximately $2.2 billion at current market prices. The owner of Square and Cash App noted that while the dashboard provides a snapshot of its holdings at a specific point in time, rather than a comprehensive audit of its financial health, it intends to publish regular reports from third-party auditors. The snapshot, which reflects the company's balances as of March 2026, is supported by audit checks from third-party firms and cryptographic signatures, allowing users to independently verify the information. Furthermore, the company has made its wallet addresses and signed messages publicly available on the blockchain, enabling anyone to verify ownership without requiring access to private keys.