In the first quarter, Block (XYZ) acquired an additional 114 bitcoin, valued at $78,683.79, bringing its total corporate bitcoin holdings to nearly 9,000, equivalent to approximately $691 million, as indicated on a publicly accessible proof-of-reserves dashboard. As of the end of the previous year, the company held 8,883 BTC. When including the 19,357 BTC managed on behalf of clients, the payments firm, co-founded by Jack Dorsey, former CEO of Twitter, is responsible for a total of 28,355 BTC, valued at around $2.2 billion at current market prices. The parent company of Square and Cash App noted that the dashboard provides a snapshot at a particular point in time and does not constitute a comprehensive audit of solvency.
However, it intends to issue regular third-party reports. 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 facilitate verification of ownership without requiring access to private keys, the company has published wallet addresses and signed messages on the blockchain.