Jack Dorsey’s Block Inc. expanded its bitcoin holdings by 108 BTC during the second quarter of 2025, bringing its total reserve to 8,692 BTC—now valued at over $1 billion.
This latest acquisition propelled Block’s stock to surge nearly 10% in pre-market trading, reflecting investor enthusiasm for corporate bitcoin accumulation.
Block’s growing bitcoin treasury
According to recent SEC filings, Block’s Q2 bitcoin acquisition is valued at $12.58 million, given current market prices.
With this purchase, Block is now the 13th largest public company holding bitcoin.
This move aligns Block with other major firms embracing the so-called ‘Saylorization’ trend, where companies adopt bitcoin as a treasury asset—a strategy popularized by MicroStrategy.
Saylorization trend accelerates
Industry commentator Max Keiser emphasized the urgency of this strategy, stating:
“For corporations to survive, they must mimic the Strategy’s process, they must ‘Saylorize’ or die.”
Block joins the ranks of MicroStrategy and Twenty One Capital in growing its bitcoin reserves, highlighting a broader movement among corporates to use bitcoin as a financial hedge and store of value.
Strong Q2 earnings and bitcoin’s impact
Alongside the bitcoin buy, Block’s Q2 results beat Wall Street forecasts.
Total revenue reached $6.05 billion, with gross profit up 8.2% to $2.54 billion.
Growth was largely driven by bitcoin-related revenue from Cash App and increased lending products.
Despite this, Block reported a revaluation loss of $212.17 million on its bitcoin due to market price fluctuations.
Corporate bitcoin adoption continues
With Block’s latest purchase, the Saylorization trend appears to be gaining momentum.
As more companies allocate portions of their treasury to bitcoin, corporate adoption is playing an increasingly visible role in the market.
