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07/08/25 14:20 UTC-04

Block Inc. Continues Strategic Bitcoin Accumulation

Block Inc., led by Jack Dorsey, increased its Bitcoin reserves by 108 BTC in Q2, bringing the company’s total corporate holdings to 8,692 BTC. According to the 10-Q report filed with the SEC, total revenue reached $6.05 billion, up 1.5% from the previous quarter, while gross profit rose by 8.2% to $2.54 billion.

A significant portion of revenue — $2.14 billion — came from Bitcoin sales via Cash App, generating $66 million in gross profit. Block continued its gradual accumulation strategy, investing an additional $11 million into Bitcoin. Total Bitcoin investments now stand at $1.15 billion, based on the current market price of approximately $117,000 per BTC.

Financial results showed a marked improvement compared to the same period last year: Bitcoin investment revaluation yielded a $212.2 million gain, versus a $70.1 million loss a year ago. This strategy, characteristic of Dorsey's leadership, combines long-term crypto accumulation with active integration into the company’s business model.

As Charmaine Tam from Hex Trust notes, unlike the aggressive strategy of MicroStrategy, Block’s approach represents a more balanced and sustainable model for corporate Bitcoin adoption. The company is not only accumulating the asset but also developing related products, including payment solutions through Square and mining hardware via its Proto division.

The market responded positively: Block’s shares rose 6% in after-hours trading. The company’s recent inclusion in the S&P 500 index further strengthened its position. Experts emphasize that long-term success will depend not just on holding Bitcoin, but on building real product solutions around it.

See also: "Bitcoin Surges Above $117,000 Following Trump’s Executive Order on Retirement Plans"

#Buy #Bitcoin (BTC) #Crypto Assets #Reserve

Editor: Pereyidenko Ihor
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