Block Inc add 108 BTC, post $212M Bitcoin gain

Block Inc don add their Bitcoin stash for Q2 2025 by dey buy 108 BTC weh cost dem $11 million. Together with 207 BTC wey dem get for Q1, their total Bitcoin waka reach 8,692 BTC wey worth about $1.15 billion. Di company report say dem get $212.2 million profit from revaluating Bitcoin, after wey dem suffer loss of $70.1 million last year. Block come drop their Q2 revenue number for $6.05 billion and gross profit for $2.54 billion, wey rise by 1.5% and 9% quarter-by-quarter. Cash App help move $2.14 billion Bitcoin sales, make $66 million gross profit even though di margin tight. CEO Jack Dorsey come show Bitchat, a decentralized messaging app wey dem dey test, wey show say Block dey push their bigger Web3 and digital asset plans. Block don increase their full-year profit forecast and join other companies wey dey use corporate Bitcoin strategy.