Block Inc. Increases Bitcoin Holdings Despite Q2 Revaluation Loss

Jack Dorsey’s Block Inc. increased its Bitcoin holdings by 108 BTC in the second quarter of 2025, bringing total holdings to 8,692 BTC, even as the firm reported a revaluation loss of $212.17 million.

Block Inc.’s decision to boost Bitcoin holdings holds significance as it reinforces Jack Dorsey’s commitment to cryptocurrency, despite its fluctuating market value.

Block Inc.’s Financial Performance

Block Inc., led by Jack Dorsey, reported a Q2 2025 gross profit of $2.54 billion, marking a 14% rise from last year. However, it also recorded a revaluation loss due to Bitcoin’s declining market value.

Jack Dorsey remains committed to Bitcoin, emphasizing its role in the company’s strategies, as reflected in Block’s acquisition of 108 BTC. In a demonstration of his strategic vision, Dorsey stated, “We believe that by building for and on open-source systems and protocols we will increase trust, customer flexibility, and global adoption.”

Impact of Bitcoin Holdings

This increase adds to the firm’s total possession of 8,692 BTC by the end of Q2 2025.

Block Inc. experienced a marked impact on its financials due to the revaluation loss. Nevertheless, the increase in Bitcoin holdings demonstrates confidence in its long-term value despite current market challenges.

The firm’s financial forecast for 2025 was adjusted to $10.17 billion, potentially mitigating the losses incurred this quarter. This reflects a cautious yet optimistic stance toward further Bitcoin integration and related business operations.

Future Prospects

The ongoing focus on Bitcoin underscores Block’s strategic efforts to expand its presence in the crypto industry. The increase in Bitcoin holdings, despite market challenges, suggests confidence in cryptocurrency’s potential future as a strategic asset.