In the first quarter, Block acquired an additional 114 bitcoins, valued at $78,484.27, bringing its total corporate holdings to nearly 9,000 BTC, which is approximately $691 million. This is according to the company's publicly available proof-of-reserves dashboard, which showed 8,883 BTC at the end of the previous year. Including the 19,357 BTC held in trust for customers, the company, co-founded by Jack Dorsey, has a total responsibility of 28,354 BTC, worth around $2.2 billion at current market prices. As the owner of Square and Cash App, Block has stated that while the dashboard provides a snapshot of its holdings at a particular point in time, rather than a comprehensive audit of its financial health, it intends to publish regular reports from third-party auditors.
The snapshot, which reflects the company's balance as of March 2026, is supported by third-party audit checks and cryptographic signatures, allowing users to verify the information independently. To facilitate this, Block has made its wallet addresses and signed messages publicly available on the blockchain, enabling anyone to confirm ownership without needing access to private keys.