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Benzinga
Benzinga
Business
Rishabh Mishra

Block's Bitcoin Holdings Surge Under New Accounting Rules—Now Worth Nearly A Billion Dollars

Block Bitcoin XYZ Crypto
Earnings Missed

Block Inc.‘s (NYSE:XYZ) investment in Bitcoin (CRYPTO: BTC) has surged in value, with the company’s holdings now worth nearly a billion dollars.

What Happened: According to the company’s second quarter 2025 financial disclosures, the value of its Bitcoin treasury has grown over 81% year-over-year, and the company has recorded a significant “remeasurement gain” for the quarter under new accounting rules for crypto assets.

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