The post Block Increases Bitcoin Holdings by 108 BTC in Q2 appeared first on Coinpedia Fintech News
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.
