During the first quarter, Block acquired 114 additional bitcoin, valued at around $78,724.74, increasing its corporate reserves to nearly 9,000 BTC, equivalent to roughly $691 million, as reported on a publicly accessible proof-of-reserves platform. As of the end of the previous year, the company held 8,883 BTC.
When including the 19,357 BTC managed on behalf of its clients, the firm, co-founded by Jack Dorsey, has a total of 28,354 BTC under its care, valued at approximately $2.2 billion at current market prices. Although the owner of Square and Cash App notes that this snapshot provides a momentary view rather than a comprehensive solvency audit, it plans to issue regular third-party reports. 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 wallet addresses and signed messages publicly available on the blockchain.