During the first quarter, Block acquired an additional 114 bitcoin, valued at $79,553.72, thereby increasing its corporate reserves to nearly 9,000 BTC, which is equivalent to approximately $691 million, as indicated on a publicly accessible proof-of-reserves dashboard. At 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 payments firm, co-founded by Jack Dorsey, former CEO of Twitter, is responsible for a total of 28,354 BTC, valued at around $2.2 billion at current market prices. As the owner of Square and Cash App, the company has stated that while the dashboard provides a snapshot of its holdings at a particular point in time, rather than a comprehensive audit of its financial solvency, 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, enabling users to independently verify the information. By publishing its wallet addresses and signed messages on the blockchain, the company allows anyone to confirm ownership without requiring access to private keys.