In the first quarter, Block acquired 114 additional bitcoin, valued at $78,799.14, increasing its corporate reserves to nearly 9,000 BTC, which is approximately $691 million. According to the company's publicly accessible proof-of-reserves dashboard, this addition brings its total corporate holdings to 8,997 BTC. 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, the firm, co-founded by Jack Dorsey, has a total of 28,354 BTC under its care, equivalent to around $2.2 billion at current market prices.
As the owner of Square and Cash App, Block has emphasized that the dashboard provides a snapshot of its holdings at a specific point in time and is not a comprehensive audit of its financial stability. However, the company intends to publish regular third-party reports to ensure transparency. 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 facilitate this verification process, Block has made its wallet addresses and signed messages publicly available on the blockchain.