In the first quarter, Block acquired an additional 114 bitcoins, valued at approximately $80,754.29, bringing its total corporate bitcoin holdings to nearly 9,000, which translates to around $691 million based on current prices, as indicated by a publicly accessible proof-of-reserves dashboard. This represents an increase from the 8,883 BTC held at the close of the previous year. When including the 19,357 BTC managed on behalf of its clients, the company, co-founded by Jack Dorsey, former CEO of Twitter, is now responsible for a total of 28,354 BTC, equivalent to roughly $2.2 billion at present market values. As the parent company of Square and Cash App, it has introduced a dashboard offering a snapshot of its holdings at a specific point in time, although it is not a comprehensive audit of solvency.
The company intends to publish regular reports from third-party auditors. This snapshot, which reflects balances as of March 2026, is supported by third-party audit checks and cryptographic signatures, allowing users to independently verify the information. Furthermore, 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.