Block Inc., founded by Jack Dorsey, continues to bolster its Bitcoin assets, increasing the total value of its investments to $1.15 billion. This move underscores a growing institutional interest in cryptocurrencies.
Overview of BTC Acquisition
Block Inc. acquired an additional 108 BTC in Q2 2025, surpassing the $1 billion mark in total Bitcoin holdings. According to co-founder Jack Dorsey, 'The company’s investment, held for long-term purposes, saw its value increase from $514.584 million as of June 30, 2024, to $931.656 million as of June 30, 2025, about 81.05% higher over a year.'
Market Impact and New GAAP Rules
The acquisition by Block Inc. had a significant impact on the market, affirming institutional confidence in Bitcoin. U.S. GAAP has adopted new rules allowing positive revaluation for cryptocurrencies, resulting in a remeasurement gain of $212.17 million for Block Inc.
Broader Trends in Corporate Strategies
Block Inc.'s actions may corroborate trends seen with other corporate acquisitions of Bitcoin, such as MicroStrategy, reflecting growing mainstream acceptance.
As corporate leaders like Block Inc. increase their investments in Bitcoin, further development of interest in cryptocurrencies and possible regulatory changes may be anticipated.