During the first quarter, Block acquired an additional 114 bitcoins, valued at $78,304.63, increasing 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 held in trust for customers, the firm, co-founded by Jack Dorsey, former CEO of Twitter, has a total of 28,354 BTC under its management, equivalent to around $2.2 billion at current market prices.
The parent company of Square and Cash App notes that this snapshot provides a momentary glimpse and is not a comprehensive audit of solvency, although it intends to issue regular reports from third-party auditors. The data reflects the balance as of March 2026 and is supported by third-party audit checks and cryptographic signatures, allowing users to verify the information independently. To facilitate verification, the company has published wallet addresses and signed messages on the blockchain, enabling anyone to confirm ownership without needing access to private keys.