Financial technology company Block announced that it added 114 more bitcoin to its corporate treasury in the first quarter of the year. With this addition, Block’s total bitcoin holdings have now reached nearly 9,000 BTC, according to figures published in the company’s publicly accessible proof-of-reserves dashboard. At the end of 2023, the company’s bitcoin holdings stood at 8,883 BTC.
Company bitcoin assets and customer balances
Block not only holds BTC for its own corporate treasury but also manages a significant amount of bitcoin on behalf of its customers. According to a recent company statement, Block currently oversees a total of 19,357 BTC on behalf of its users. Combined with the company’s own holdings, Block now manages a total of 28,355 BTC. Based on current prices, the total value of these assets approaches $2.2 billion.
Jack Dorsey, the former CEO of Twitter, is among Block’s founders. The company is also recognized as the owner of digital payments platforms like Square and Cash App. Block emphasized its aim to improve transparency in its crypto asset management practices.
Steps toward transparency and trust
The company’s proof-of-reserves dashboard presents a snapshot of its financial data at a given moment, but Block clarifies that this does not constitute a comprehensive financial audit. Nevertheless, Block has indicated plans to publish regular reports prepared by independent audit firms moving forward.
This transparency dashboard reflects balances as of March 2026. According to the company, the reported figures can be verified both through external audits and through cryptographic signatures. This enables both BTC holders and customers to independently confirm Block’s bitcoin reserves.
Additionally, Block has made its wallet addresses and signed messages publicly available on the blockchain. This approach allows anyone to scrutinize the reserves and verify ownership without requiring access to private key information.
BTC price info and transparency initiatives
Block’s total holdings of 28,355 BTC have a combined value of about $2.2 billion at current market prices. According to CryptoAppsy data, this figure includes both corporate and customer assets managed by the company.
It is expected that future independent auditor reports will further enhance Block’s transparency. This would allow both investors and the general public to have deeper insight into Block’s financial structure, further demonstrating the company’s commitment to user security and verifiability.
By publishing company wallet addresses and signed messages on-chain, anyone can independently verify the ownership of reserves and the accuracy of balances.
Block’s new measures come at a time when transparency is becoming increasingly vital in the sector. With growing institutional interest in crypto, major companies’ decisions to openly present their reserves are helping to build a greater sense of trust.
