During the first quarter, Block acquired an additional 114 bitcoin, valued at $79,707.35, thereby increasing its corporate reserves to nearly 9,000 BTC, which is approximately $691 million, as indicated by 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 customers, the firm, co-founded by former Twitter CEO Jack Dorsey, oversees a total of 28,354 BTC, equivalent to roughly $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 specific 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 facilitate verification, the company has made its wallet addresses and signed messages publicly available on the blockchain.