During the first quarter, Block acquired an additional 114 bitcoins, valued at $78,837.14, thereby 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 managed on behalf of its clients, the payments firm, co-founded by former Twitter CEO Jack Dorsey, is responsible for overseeing a total of 28,354 BTC, equivalent to about $2.2 billion at current market prices. As the owner of Square and Cash App, the company notes that this snapshot provides a momentary view and is not a comprehensive solvency audit, although 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 confirm ownership, the company has made wallet addresses and signed messages available on the blockchain, enabling verification without the need for private keys.