Block's Bitcoin revenue in the third quarter approached $2 billion, accounting for nearly 30% of total revenue

According to 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 total revenue of $6.11 billion.

Although gross profit increased by 18% year-on-year, some financial metrics fell short of expectations, and the stock price dropped over 9% in after-hours trading. The company held 8,780 Bitcoins at the end of the quarter, with a total value exceeding $1 billion.