{"id":41154,"date":"2025-08-08T12:01:41","date_gmt":"2025-08-08T12:01:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=41154"},"modified":"2025-08-08T12:01:41","modified_gmt":"2025-08-08T12:01:41","slug":"blocks-bitcoin-holdings-surge-under-new-accounting-rules-now-worth-nearly-a-billion-dollars","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=41154","title":{"rendered":"Block&#8217;s Bitcoin Holdings Surge Under New Accounting Rules\u2014Now Worth Nearly A Billion Dollars"},"content":{"rendered":"<div>\n<p><strong>Block Inc.<\/strong>\u2018s (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/XYZ#NYSE\">XYZ<\/a>) investment in <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) has surged in value, with the company\u2019s holdings now worth nearly a billion dollars.<\/p>\n<p><strong>What Happened: <\/strong>According to the company\u2019s <a href=\"https:\/\/www.benzinga.com\/markets\/earnings\/25\/08\/46982165\/block-stock-climbs-after-q2-earnings-report-heres-why\">second quarter 2025<\/a> financial disclosures, the value of its Bitcoin treasury has grown over 81% year-over-year, and the company has recorded a significant \u201cremeasurement gain\u201d for the quarter under new accounting rules for crypto assets.<\/p>\n<p>The company\u2019s 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.<\/p>\n<p>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.<\/p>\n<p>The shift in reporting is due to the company\u2019s accounting for its Bitcoin as an \u201cindefinite-lived intangible asset,\u201d under the <a href=\"https:\/\/www.benzinga.com\/general\/market-summary\/25\/05\/45515900\/mstrs-new-bitcoin-accounting-standard-to-drive-financial-swings-make-earnings-volatile-says-expert-after-lawsuit-hits-strategy\">new accounting rules<\/a>. <\/p>\n<p>According to <a href=\"https:\/\/www.coingecko.com\/en\/public-companies-bitcoin\">CoinGecko<\/a>, this makes &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/08\/46995074\/blocks-bitcoin-holdings-surge-under-new-accounting-rules-now-worth-nearly-a-billion-dollars\" alt=\"Block's\" bitcoin holdings surge under new accounting rules worth nearly a billion dollars>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Block Inc.\u2018s (NYSE:XYZ) investment in Bitcoin (CRYPTO: BTC) has surged in value, with the company\u2019s holdings now worth nearly a billion dollars. What Happened: According to the company\u2019s 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 \u201cremeasurement gain\u201d for the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-41154","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41154"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41154\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}