Block Inc. Posts $433M Unrealized Bitcoin Gains Amid Ongoing Crypto Volatility

Block Inc., led by Jack Dorsey, has reported $433 million in unrealized Bitcoin gains as of mid-2026. The company holds 9,117 BTC with a cost basis of $310.2 million.

Despite a $261.3 million loss in Bitcoin value during the first half of 2026, Block continued to buy more BTC, adding 234 units to its treasury without selling any.

The company follows a strategy of reinvesting 10% of its Bitcoin-related profits into more BTC purchases, funded by its Cash App and Square services. This approach has allowed Block to remain bullish on Bitcoin's future, despite exploring stablecoin features.

Block's strong operational profits have also enabled it to raise its full-year guidance, despite crypto volatility.