Block has announced the addition of 114 bitcoin, valued at $79,858.71, to its reserves during the first quarter, thereby increasing its corporate bitcoin holdings to nearly 9,000, equivalent to approximately $691 million, as indicated by a publicly accessible proof-of-reserves platform. As of the end of the previous year, the company held 8,883 BTC. Including the 19,357 BTC managed on behalf of its clients, the firm, co-founded by Jack Dorsey, former CEO of Twitter, oversees a total of 28,354 BTC, valued at around $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 publish 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 facilitate verification, the company has made its wallet addresses and signed messages publicly available on the blockchain.