PANews reported on November 7th that, according to The Block, Block, founded by Jack Dorsey, generated approximately $1.97 billion in Bitcoin revenue in Q3 2025, accounting for nearly one-third of its total revenue of $6.11 billion. Despite a 18% year-over-year increase in gross profit, some of the company's financial metrics fell short of expectations, causing its stock price to drop more than 9% in after-hours trading. The company held 8,780 Bitcoins at the end of the quarter, with a total value exceeding $1 billion.