In the first quarter, Block acquired 114 additional bitcoins, valued at $78,197.81, bringing its total corporate reserves to nearly 9,000 BTC, which is approximately $691 million, as per the publicly available proof-of-reserves dashboard. The company's bitcoin holdings stood at 8,883 at the end of the previous year.
When including the 19,357 BTC managed on behalf of its clients, the firm, co-founded by Jack Dorsey, has a total of 28,354 BTC under its care, equivalent to around $2.2 billion at current market prices. As the owner of Square and Cash App, Block has clarified that the dashboard provides a snapshot of its holdings at a specific point in time, rather than a comprehensive audit of its financial solvency, although it plans to issue regular third-party reports. The snapshot, which reflects the company's balances as of March 2026, is supported by third-party audit checks and cryptographic signatures, allowing users to verify the information independently. To ensure transparency, Block has published its wallet addresses and signed messages on the blockchain, enabling anyone to verify ownership without needing access to private keys.