During the first quarter, Block acquired an additional 114 bitcoin, valued at $78,405.99, bringing its total corporate bitcoin holdings to nearly 9,000, equivalent to approximately $691 million, as reported 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 its customers, the company, co-founded by former Twitter CEO Jack Dorsey, oversees a total of 28,354 BTC, valued at around $2.2 billion at current market prices. The parent company of Square and Cash App notes that this snapshot provides a moment-in-time view and is not a comprehensive audit of solvency, although it intends to issue regular third-party reports.
The snapshot, which reflects balances as of March 2026, is supported by independent third-party audit checks and cryptographic signatures, allowing 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, enabling anyone to verify ownership independently.