Financial technology company Block has significantly increased its Bitcoin holdings, now owning nearly 9,000 BTC. The company reported that during the first quarter of this year, it added 114 Bitcoin to its portfolio, bringing its total to 8,883 BTC, which is valued at approximately $691 million.
In addition to its proprietary holdings, Block also manages 19,357 Bitcoin on behalf of its customers. This brings the company’s total Bitcoin assets to an impressive 28,355 BTC, amounting to around $2.2 billion based on current market prices. This result reflects the balances as of March 31, 2026, and the company has confirmed these figures through third-party audits and cryptographic signatures.
Block, which operates the popular Square and Cash Apps, has embraced the cryptocurrency space more fully under the leadership of co-founder Jack Dorsey. The company underwent a rebranding from Square to Block, underscoring its commitment to blockchain technologies.
The public can verify Block’s Bitcoin ownership through the publication of wallet addresses and signed messages on-chain. Despite its bold initiatives in the crypto market, the company’s stock has faced challenges, experiencing a decline of 70% over the past five years, currently trading around $71.28 per share.
