Block's bitcoin revenue reached nearly 2 billion USD in Q3, accounting for almost 30% of total revenue

According to ChainCatcher, citing The Block, Block, the company founded by Jack Dorsey, achieved approximately $1.97 billion in bitcoin revenue in Q3 2025, accounting for nearly one-third of its total revenue of $6.11 billion.

Although gross profit increased by 18% year-on-year, some of the company's financial indicators fell short of expectations, causing the stock price to drop more than 9% after hours. By the end of the quarter, the company held 8,780 bitcoins, with a total value exceeding $1 billion.