In the first quarter, Block acquired an additional 114 bitcoin, valued at $78,145.95, 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. At the end of the previous year, the company held 8,883 BTC. When including the 19,357 BTC managed on behalf of its customers, Block, co-founded by former Twitter CEO Jack Dorsey, is responsible for a total of 28,354 BTC, valued at around $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 audit of its financial health, although it intends to issue regular reports from third-party sources. The snapshot, which reflects the balances as of March 2026, is supported by independent third-party audit checks and cryptographic signatures, enabling users to verify the information without needing access to private keys. Furthermore, the company has made wallet addresses and signed messages publicly available on the blockchain, allowing anyone to verify ownership independently.