Block Inc. Jack Dorsey showed a 14% year-over-year increase in gross profit in the second quarter of 2025, reaching $2.54 billion. Net profit amounted to $538.46 million compared to $195.27 million a year earlier. The company raised its gross profit forecast for 2025 from $9.96 billion to $10.17 billion, which was one of the factors for a 6% increase in shares during after-hours trading.
Block continues to actively work with its bitcoin reserve. During the quarter, the company added 108 BTC, bringing the total supply to 8,692 BTC, but recorded a loss from revaluation of $212.17 million due to the decrease in the market value of the asset.
