💼 Block CEO Jack Dorsey Sees Major Opportunity in Bitcoin Launch

Jack Dorsey, CEO and founder of Block Inc. (the parent company of Square and Cash App), has articulated a strong vision for the company's future, expressing an ambition to position Block as the "world's largest holder of Bitcoin." This statement underscores his ongoing commitment to a pronounced Bitcoin Maximalist strategy.

This bold vision accompanies Block's disclosure of its Q3 2025 earnings, which highlighted Bitcoin's continued crucial role. Bitcoin revenue amounted to $1.97 billion, accounting for nearly a third (approximately 32%) of the company's total revenue of $6.11 billion. Although this figure represented a decline from the $2.4 billion reported in Q3 2024, and the company missed consensus estimates for adjusted Earnings Per Share (EPS), Bitcoin remains Block's second-largest revenue source.

Block is currently a major publicly traded corporate holder of Bitcoin, with holdings of 8,780 BTC on its balance sheet as of the end of September 2025 (up from 8,485 BTC at the start of the year). The company had previously implemented a strategy of committing 10% of its gross profit derived from its Bitcoin products and services towards purchasing additional Bitcoin monthly. This policy reflects Dorsey’s profound, long-term conviction in Bitcoin, which he views as a strategic treasury asset and, ultimately, a replacement for the U.S. dollar.

Furthermore, Block continues to actively expand the Bitcoin ecosystem through new initiatives, including fee-free BTC payments for Square merchants, the development of the BitKey self-custody wallet device, and ongoing plans for mining hardware development. Dorsey's unwavering dedication to Bitcoin remains a powerful, distinguishing driver for the fintech conglomerate.

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