In the first quarter, Block acquired an additional 114 bitcoins, valued at $78,705.36, increasing its corporate reserves to nearly 9,000 BTC, equivalent to approximately $691 million, as indicated on a publicly accessible proof-of-reserves dashboard. The company's bitcoin holdings stood at 8,883 at the end of the previous year. When including the 19,357 BTC managed on behalf of clients, the company, 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, Block explains that the dashboard provides a snapshot of its holdings at a specific point in time, rather than a comprehensive audit of its financial health, although 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 verify the information independently. To facilitate verification, the company has made its wallet addresses and signed messages publicly available on the blockchain.