In the first quarter, Block acquired an additional 114 bitcoins, valued at $78,373, increasing its corporate reserves to nearly 9,000 BTC, which is approximately $691 million, as indicated by a publicly accessible proof-of-reserves dashboard. At the end of the previous year, the company held 8,883 BTC. When including the 19,357 BTC held in trust for customers, Block, co-founded by former Twitter CEO Jack Dorsey, is now responsible for a total of 28,354 BTC, worth around $2.2 billion at current market prices. Although the owner of Square and Cash App describes the dashboard as a snapshot in time rather than a comprehensive solvency audit, it intends to publish regular reports from third-party auditors.
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 facilitate verification, the company has made wallet addresses and signed messages available on the blockchain.