In the first quarter, Block acquired 114 additional bitcoins, valued at $78,348.72, increasing its corporate reserves to nearly 9,000 BTC, which is approximately $691 million, as indicated by a publicly accessible proof-of-reserves dashboard. At the end of the previous year, the company held 8,883 BTC. When including the 19,357 BTC managed on behalf of clients, the firm, co-founded by Jack Dorsey, former CEO of Twitter, is responsible for a total of 28,355 BTC, worth around $2.2 billion at current market prices.
As the owner of Square and Cash App, the company notes that the dashboard provides a snapshot at a particular point in time and is not a comprehensive audit of solvency, although it intends to issue regular reports from third-party auditors. 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 ensure transparency, the company has published its wallet addresses and signed messages on the blockchain, enabling anyone to confirm ownership without requiring access to private keys.