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.
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.
The 10Q filing shows that this valuation jump was accompanied by a notable remeasurement gain of $212.17 million in the second quarter of 2025, which reflects a sharp contrast to the $70.12 million remeasurement loss recorded in the same period last year.
The shift in reporting is due to the company’s accounting for its Bitcoin as an “indefinite-lived intangible asset,” under the new accounting rules.
According to CoinGecko, this makes …