During the first quarter, Block acquired an additional 114 bitcoin, valued at $78,534.33, bringing its total corporate reserves to nearly 9,000 BTC, equivalent to approximately $691 million, as indicated by a publicly accessible proof-of-reserves dashboard. This marks an increase from the 8,883 BTC held at the end of the previous year. When including the 19,357 BTC managed on behalf of clients, the company, co-founded by Jack Dorsey, has a total of 28,354 BTC under its care, valued at around $2.2 billion at current market prices.
Although the provided dashboard offers a snapshot of the company's holdings at a specific point in time rather than a comprehensive solvency audit, Block intends to issue regular reports audited by third parties. The snapshot, which reflects the balance as of March 2026, is supported by third-party audit checks and cryptographic signatures, allowing users to independently verify the information.
To ensure transparency, the company has published its wallet addresses and signed messages on the blockchain, enabling anyone to confirm ownership without needing access to private keys.