Block has announced the addition of 114 bitcoin to its reserves during Q1, increasing its total holdings to nearly 9,000 BTC, valued at around $691 million, according to its publicly accessible proof-of-reserves dashboard. As of the end of last year, the company held 8,883 BTC. When including the 19,357 BTC managed on behalf of its customers, Block, co-founded by Jack Dorsey, has a total responsibility of 28,354 BTC, which is worth approximately $2.2 billion at current market prices.
The owner of Square and Cash App notes that while the dashboard provides a snapshot of its holdings at a particular point in time, rather than a comprehensive audit of its financial health, it intends to issue regular reports from third-party auditors. 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 ensure transparency, the company has published its wallet addresses and signed messages on the blockchain, enabling anyone to confirm ownership without needing access to private keys.