In the first quarter, Block acquired an additional 114 bitcoins, valued at approximately $78,564.67, increasing its corporate reserves to nearly 9,000 BTC, with an estimated worth of around $691 million, as indicated by a publicly accessible proof-of-reserves dashboard. This represents a growth 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 firm, co-founded by Jack Dorsey, has a total responsibility for 28,354 BTC, equivalent to about $2.2 billion at current market prices.
Although the dashboard provides a snapshot of the company's holdings at a particular point in time rather than a comprehensive audit of its financial health, Block intends to issue regular third-party reports. As of March 2026, the snapshot is supported by third-party audit checks and cryptographic signatures, enabling users to verify the information independently.
To ensure transparency, the company has published its wallet addresses and signed messages on the blockchain, allowing anyone to verify ownership without needing access to private keys.