During the first quarter, Block acquired an additional 114 bitcoins, valued at approximately $79,707.35, increasing its corporate reserves to nearly 9,000 BTC, which translates to around $691 million according to a publicly accessible proof-of-reserves dashboard. 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, is now responsible for a total of 28,355 BTC, equivalent to about $2.2 billion at current market prices. The parent company 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 stability, 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 ensure transparency, the company has published its wallet addresses and signed messages on the blockchain, enabling anyone to confirm ownership without needing access to private keys.