In the first quarter, Block acquired 114 additional bitcoins, valued at $79,765.70, bringing its total corporate reserves to nearly 9,000 BTC, which translates to approximately $691 million, as indicated by a publicly accessible proof-of-reserves dashboard. This marks an 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 oversight of 28,354 BTC, valued at roughly $2.2 billion at current market prices.
As the parent company of Square and Cash App, Block has introduced a proof-of-reserves dashboard, which provides a snapshot of its holdings as of March 2026. Although this snapshot is not a comprehensive audit of solvency, it is supported by third-party audit checks and cryptographic signatures, allowing users to verify the information independently.
Furthermore, the company has made its wallet addresses and signed messages publicly available on the blockchain, enabling anyone to confirm ownership without needing access to private keys.