Block has announced the addition of 114 bitcoin, valued at $80,893.49, to its reserves during the first quarter, bringing its total corporate bitcoin holdings to nearly 9,000, equivalent to 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 combined with the 19,357 BTC held in trust for its customers, the company, co-founded by former Twitter CEO Jack Dorsey, has a total responsibility for 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 solvency, 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 independently verify the information. To facilitate verification, the company has published its wallet addresses and signed messages on the blockchain, enabling anyone to confirm ownership without requiring access to private keys.