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.
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