Block Inc., the fintech led by Jack Dorsey, reports $433 million in unrealized Bitcoin gains despite a remeasurement loss of $88.5 million in Q2 2026. The company holds 9,117 BTC with a fair value of approximately $534 million against a cost basis of $310.2 million, implying an average purchase price of roughly $34,000 per Bitcoin. Block continued accumulating BTC by purchasing 234 additional coins in H1 2026, growing its treasury from 8,883 BTC at the end of 2025 to 9,117 BTC, with zero sales. Block’s operations remain strong and the company raised its full-year guidance.
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