In the first quarter, Block acquired an additional 114 bitcoin, valued at $78,206.79, increasing its corporate reserves to nearly 9,000 BTC, which is approximately $691 million, as indicated on 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 managed on behalf of its clients, Block, co-founded by former Twitter CEO Jack Dorsey, has a total of 28,354 BTC under its care, valued at around $2.2 billion at current market prices. As the owner of Square and Cash App, the company notes that the dashboard provides a snapshot at a specific point in time, rather than a comprehensive audit of solvency, although it intends to issue 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 that can be independently verified by users. To ensure transparency, the company has published its wallet addresses and signed messages on the blockchain, enabling anyone to verify ownership without needing access to private keys.