During Q1, Block acquired an additional 114 bitcoins, valued at $78,262.40, bringing its total corporate bitcoin holdings to nearly 9,000, equivalent to approximately $691 million, as per the company's publicly accessible proof-of-reserves dashboard. This represents an increase from the 8,883 BTC held at the end of the previous year. Including the 19,357 BTC managed on behalf of its customers, Block, co-founded by former Twitter CEO Jack Dorsey, is now responsible for a total of 28,355 BTC, valued at around $2.2 billion at current market prices. Although the provided snapshot is not a comprehensive audit of solvency, the company 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 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.