In the first quarter, Block acquired 114 additional bitcoin, valued at $78,746.57, bringing its total corporate holdings to nearly 9,000 BTC, equivalent to approximately $691 million, as indicated on a publicly accessible proof-of-reserves dashboard. This represents an increase from the 8,883 BTC held at the end of the previous year. When including the 19,357 BTC managed on behalf of its clients, the company, co-founded by Jack Dorsey, has a total responsibility of 28,354 BTC, valued at around $2.2 billion at current market prices.
As the owner of Square and Cash App, Block has stated that while the dashboard provides a snapshot of its holdings at a particular point in time, rather than a comprehensive audit of its financial solvency, it intends to issue 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 facilitate verification, the company has made its wallet addresses and signed messages publicly available on the blockchain.