During the first quarter, Block acquired an additional 114 bitcoin, valued at $78,672.59, increasing its corporate reserves to nearly 9,000 BTC, which is approximately $691 million according to 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 clients, the company, co-founded by former Twitter CEO Jack Dorsey, is now responsible for a total of 28,354 BTC, worth around $2.2 billion at current market prices. The parent company of Square and Cash App notes that the dashboard provides a snapshot at a specific point in time and is not a comprehensive audit of solvency.
However, it intends to publish 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 independently verify the information. To ensure transparency, the company has made wallet addresses and signed messages publicly available on the blockchain, enabling anyone to verify ownership without needing access to private keys.