During the first quarter, Block acquired an additional 114 bitcoins, valued at approximately $80,010.72, bringing its total corporate reserves to nearly 9,000 BTC, equivalent to around $691 million, as indicated on a publicly accessible proof-of-reserves dashboard. 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 company, co-founded by Jack Dorsey, former CEO of Twitter, is now responsible for a total of 28,354 BTC, valued at approximately $2.2 billion at current market prices. As the owner of Square and Cash App, the company notes that this snapshot provides a point-in-time view and is not a comprehensive audit of solvency, although it intends to publish regular third-party reports.
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 verify ownership without requiring access to private keys.