According to its investor presentation, Block Inc recorded a $173 million bitcoin remeasurement loss in Q1 2026, contributing to a $309 million net loss attributable to common stockholders. The company’s corporate bitcoin treasury and customer bitcoin holdings together stand at 28,355 BTC, valued at approximately $2.2 billion.
Despite the non-cash, unrealized loss, Block reported solid first-quarter results with total gross profit climbing 27% year-over-year to $2.91 billion and adjusted operating income surging 56% to $728 million. The company raised its full-year 2026 guidance, now expecting 19% year-over-year gross profit growth and 62% adjusted diluted EPS growth.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
BlackRock's IBIT Attracts $8B in Q1 2026 Inflows Despite 25% Bitcoin Drawdown
According to Crypto Times, BlackRock's iShares Bitcoin Trust ETF (IBIT) held roughly $65 billion in net assets as of May 2026, making it the largest spot Bitcoin ETF globally. The fund recorded over $8 billion in net inflows during Q1 2026, even as Bitcoin prices fell approximately 25%,
GateNews27m ago
JPMorgan: Bitcoin Replacing Gold as Debasement Trade After Iran Conflict
Bitcoin is gaining over gold as a debasement trade following the Iran conflict, as Bitcoin exchange-traded funds continue to attract inflows while gold ETFs struggle to recover outflows, according to JPMorgan analysts led by managing director Nikolaos Panigirtzoglou. Bitcoin ETFs have seen inflows f
CryptoFrontier1h ago
BNB Holds $617 as ETF Momentum and Burns Tighten Supply
Key Insights:
BNB trades near $617 while ETF developments and token burns tighten supply, signaling rising institutional interest and strengthening underlying demand dynamics.
AI agent growth on BNB Chain surges rapidly, driving user activity higher and reinforcing the network’s role in supp
CryptoNewsLand2h ago
JPMorgan: Bitcoin Replacing Gold as Debasement Trade After Iran Conflict
JPMorgan analysts led by managing director Nikolaos Panigirtzoglou reported that Bitcoin is gaining over gold as the debasement trade following the Iran conflict, as Bitcoin exchange-traded funds continue to attract inflows while gold ETFs struggle to recover outflows. According to the analysts, ret
CryptoFrontier3h ago
SHIB Volume Surge Points to Distribution as Resistance Holds
Key Insights:
Shiba Inu recorded over 429 billion tokens in exchange flows, pushing reserves higher and signaling increased readiness among holders to sell positions.
Rising exchange reserves and net inflows indicate distribution dominance, while price remains constrained under key
CryptoNewsLand5h ago
Bitcoin Clears Key Onchain Levels, Eyes $85K Resistance With $1.69B ETF Inflow Streak
According to Glassnode, Bitcoin is trading near $81,000 on May 7 and has cleared two key onchain cost basis levels—the True Market Mean at $78,200 and the Short-Term Holder Cost Basis at $79,100. Spot Bitcoin ETFs recorded their fifth consecutive day of net inflows on May 7, drawing $46.3 million an
GateNews7h ago
