Block Boosts Bitcoin Holdings to 8,692 With 108 BTC Q2 Purchase

Published: 2025-08-08 00:56:57 |

Block, led by Jack Dorsey, boosted its Bitcoin treasury by 108 BTC in Q2, raising total reserves to 8,692 BTC, according to HODL15Capital data. The accumulation aligns Block with other major institutional holders like MicroStrategy and Tesla, reinforcing Bitcoin’s corporate adoption trend. Block integrates Bitcoin into its Cash App and is developing the TBD division for decentralized finance, expanding BTC’s real-world use cases. The company views Bitcoin as a hedge against inflation and economic uncertainty. Traders should note that ongoing corporate purchases may bolster market confidence, enhance liquidity, and support long-term price stability for Bitcoin.

Bullish

Block’s Q2 purchase of 108 BTC, raising its treasury to 8,692 BTC, signals strong institutional demand for Bitcoin. While the immediate price impact may be limited due to the relatively small size of the purchase, the move reinforces a broader adoption trend. Integration into Cash App and development of the TBD DeFi division enhance Bitcoin’s utility, further underpinning market confidence. In the short term, traders may see moderate buying pressure, but the long-term outlook is bullish as corporate accumulation supports liquidity, price floors, and sustained upward momentum.