In the first quarter, Block acquired an additional 114 bitcoins, valued at $79,309.63, bringing its total corporate bitcoin reserve to nearly 9,000, equivalent to approximately $691 million. According to the company's publicly accessible proof-of-reserves dashboard, this represents a significant 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 customers, the firm, co-founded by Jack Dorsey, has a total responsibility of 28,354 BTC, valued at around $2.2 billion at current market prices. Although the provided dashboard serves as a snapshot and not a comprehensive audit of the company's financial health, it intends to issue regular third-party reports for increased transparency.
The snapshot, which reflects the balances as of March 2026, is supported by third-party audit checks and cryptographic signatures, allowing users to verify the information independently. To ensure the authenticity of the data, the company has published its wallet addresses and signed messages on the blockchain, enabling anyone to confirm ownership without needing access to private keys.