Jack Dorsey’s company, Block Inc., confirmed it added 108 BTC in Q2 2025. The information appeared in the firm’s quarterly filing with the U.S. Securities and Exchange Commission (SEC). With the latest purchase, Block now holds 8,692 BTC.
At the current Bitcoin price of $116,554, the new BTC purchase equals $12.58 million. This increase brings Block’s total Bitcoin holdings to more than $1 billion. According to BitcoinTreasuries.net, Block now ranks 13th among all public companies holding Bitcoin.
The update places Block among other firms following the Saylorization strategy. This corporate BTC strategy involves converting part of treasury reserves into Bitcoin. MicroStrategy and Twenty One Capital are also among the firms using this model.
Block Stock Rises 10% in Pre-Market Trading
Following the disclosure of Block’s BTC purchase, its stock (XYZ) rose nearly 10% in pre-market trading on August 8. The increase followed investor reaction to Block’s continued commitment to a corporate BTC strategy.
Block’s BTC reserve expansion comes with a reported $212.17 million revaluation loss. The drop reflects Bitcoin’s price movement during Q2. When the asset’s value falls below the purchase price, companies report an impairment under U.S. accounting rules.
The Block BTC purchase and price drop show both the upside and risk of corporate BTC strategy adoption. Still, Block joins a growing list of companies adding Bitcoin to their balance sheets.
Strong Q2 Results Support Block Stock Performance
Block’s Q2 financialreport showed revenue of $6.05 billion. The firm also posted a gross profit of $2.54 billion, which marks an 8.2% increase from the previous quarter. Most of this growth came from Bitcoin-related transactions via Cash App.
Bloomberg reported that Block raised its full-year profit forecast following the better-than-expected earnings. The company’s Cash App lending products showed steady growth. In parallel, Square—the firm’s payment network—continued to handle consistent processing volumes.
Block’s results suggest that its fintech business and Bitcoin revenue streams contributed to the Q2 outcome. Despite a revaluation loss on Bitcoin, gross profits increased year over year. The combination of payment services and crypto exposure continues to shape Block’s quarterly reports.
Block’s dual focus on traditional fintech and Bitcoin positions it among major firms expanding into digital assets. The firm remains one of the most visible adopters of the corporate BTC strategy.
