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Block Increases Bitcoin Holdings by 108 BTC in Q2

Published by
Qadir AK

Block, the fintech company led by Jack Dorsey, increased its Bitcoin holdings by 108 BTC in the second quarter of 2025. This brings the total to 8,692 BTC, valued at roughly $1 billion. Despite a $212 million revaluation loss due to Bitcoin’s price drop, Block reported strong financial results with a 14% rise in gross profit to $2.54 billion. The company’s strategy bolsters its position among the largest corporate Bitcoin holders, supporting Dorsey’s vision of Bitcoin as the backbone of the digital economy.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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