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Jack Dorsey's Block Inc. Boosts BTC Holdings, Reports $212 Million Gain

Key Takeaways

  • ​Block Inc. added 108 BTC in Q2 2025, which raised its total holdings to 8,692 BTC worth $1.15 billion;
  • The company reported a $212.2 million Bitcoin revaluation gain and $6.05 billion in revenue;
  • Bitcoin sales via Cash App hit $2.14 billion, which earned Block $66 million despite narrow margins.

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Jack Dorsey's Block Inc. Boosts BTC Holdings, Reports $212 Million Gain

Block Inc., led by Jack Dorsey, continued to grow its Bitcoin BTC $107,206.67 holdings in the second quarter of 2025 by adding 108 BTC.

According to the 10-Q form, this brought the company’s total Bitcoin treasury to 8,692 BTC.

The new purchase cost Block around $11 million. Altogether, its Bitcoin investment stands at $1.15 billion. The company recorded a $212.2 million gain from revaluing its Bitcoin in Q2, compared to a $70.1 million loss in the same period last year.

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Block also reported financial results for the quarter. Total revenue reached $6.05 billion, a 1.5% increase from the first quarter’s $5.96 billion. Gross profit rose to $2.54 billion, up from $2.33 billion the previous quarter.

Of the total revenue, $2.14 billion came from Bitcoin sales through Cash App. These sales earned Block a gross profit of $66 million. While Cash App handles large volumes of Bitcoin transactions, the profit margins remain relatively low.

Bitcoin has become a key part of Block’s long-term plans. In the first quarter, the company added 207 BTC to its holdings, with a combined cost of $20.6 million for both Q1 and Q2 purchases.

Recently, Jack Dorsey introduced a test version of a decentralized messaging app called Bitchat. How does it work? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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