Block Inc., led by Jack Dorsey, added 108 bitcoins in Q2 2025, raising its corporate bitcoin holdings to 8,692 BTC, now valued around $1.15 billion at current market prices of $117,000 per coin.
The company reported Q2 revenue of $6.05 billion, a 1.5% increase from Q1, and gross profit of $2.54 billion, up 8.2%. A significant portion — $2.14 billion — came from bitcoin sales via its Cash App, earning $66 million in profit.
Block recorded a $212.2 million gain from revaluing its bitcoin investments this quarter, reversing a $70.1 million loss in the same period last year.
This BTC purchase continues Block’s consistent bitcoin accumulation strategy, reflecting Jack Dorsey’s long-standing belief in crypto, particularly bitcoin, as both a treasury reserve asset and a transformative technology.
The company remains one of the top corporate holders of bitcoin, signaling institutional confidence in digital assets even during periods of price volatility.
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