Block Inc adds 108 BTC, posts $212M Bitcoin gain

Published: 2025-08-08 17:13:47 |

Block Inc boosted its Bitcoin holdings in Q2 2025 by adding 108 BTC at a cost of $11 million. Combined with 207 BTC from Q1, its total BTC holdings reached 8,692 BTC, valued at about $1.15 billion. The company posted a $212.2 million Bitcoin revaluation gain, reversing a $70.1 million loss from last year. Block reported Q2 revenue of $6.05 billion and a gross profit of $2.54 billion, up 1.5% and 9% quarter-on-quarter. Cash App facilitated $2.14 billion in Bitcoin sales, generating $66 million in gross profit despite narrow margins. CEO Jack Dorsey also unveiled Bitchat, a decentralized messaging app test version, underscoring Block’s broader Web3 and digital asset exposure strategy. Block has raised its full-year profit forecast and joins peers in adopting a corporate Bitcoin strategy.

Bullish

Block Inc’s increased Bitcoin holdings and the $212 million revaluation gain indicate strong corporate demand for BTC, boosting market confidence. The raised profit forecast and continued Bitcoin purchases support short-term price stability. Over the long term, Block’s corporate Bitcoin strategy and digital asset exposure could underpin sustained bullish momentum in the Bitcoin market.