During the first quarter, Block acquired an additional 114 bitcoins, valued at approximately $79,973, thereby increasing its corporate reserves to nearly 9,000 BTC, equivalent to around $691 million, as indicated on a publicly accessible proof-of-reserves platform. 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 clients, Block, co-founded by former Twitter CEO Jack Dorsey, oversees a total of 28,355 BTC, valued at roughly $2.2 billion at current market prices. The owner of Square and Cash App clarifies that this snapshot provides a momentary view and is not a comprehensive audit of its financial stability, although it intends to publish regular reports from third-party auditors.
The snapshot, which reflects balances up to 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 wallet addresses and signed messages publicly available on the blockchain, enabling anyone to confirm ownership without needing access to private keys.