In the first quarter, Block acquired an additional 114 bitcoin, valued at $78,408.15, increasing its corporate reserves to nearly 9,000 BTC, which is approximately $691 million. According to the company's publicly available proof-of-reserves dashboard, this expansion brings its total holdings to 8,997 BTC. At the close of the previous year, the company held 8,883 BTC.
When including the 19,357 BTC managed on behalf of its customers, Block, co-founded by former Twitter CEO Jack Dorsey, oversees a total of 28,354 BTC, valued at around $2.2 billion at current market prices. Although the proof-of-reserves dashboard provides a snapshot of the company's holdings at a specific point in time and does not constitute a comprehensive solvency audit, Block intends 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, enabling users to verify the information independently. To ensure transparency, the company has published its wallet addresses and signed messages on the blockchain, allowing anyone to confirm ownership without needing access to private keys.