In the first quarter, Block acquired 114 additional bitcoin, valued at $78,192.97, increasing its corporate reserves to nearly 9,000 BTC, which is approximately $691 million. According to the company's publicly available proof-of-reserves dashboard, this brings its total holdings to 8,997 BTC. At the end of the previous year, the company held 8,883 BTC.
Including the 19,357 BTC managed on behalf of its clients, Block, co-founded by Jack Dorsey, is responsible for a total of 28,354 BTC, equivalent to around $2.2 billion at current market prices. As the owner of Square and Cash App, the company has stated that while the dashboard provides a snapshot of its reserves 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 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.