Block Inc. Boosts BTC Holdings, Reports $212 Million Gain

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

Written by Aaron S.,

Editor-In-Chief

Last Updated: August 08, 2025

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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Block Inc., led by Jack Dorsey, continued to grow its Bitcoin BTC $109,105.42 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.