Jack Dorsey’s Block had $5.62B in revenue, $44M in Bitcoin profits in Q3 By Cointelegraph
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Jack Dorsey-led Block, a Bitcoin-focused fintech company, published its third-quarter earnings report on Nov. 2, revealing a profitable quarter and surpassing analyst expectations.
The firm had $5.62 billion in revenue in the third quarter of 2023, boosted by solid revenue growth in Cash App and Square, with $44 million in profit on its (BTC) holdings thanks to a price surge in recent months.
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© Reuters
Jack Dorsey-led Block, a Bitcoin-focused fintech company, published its third-quarter earnings report on Nov. 2, revealing a profitable quarter and surpassing analyst expectations.
The firm had $5.62 billion in revenue in the third quarter of 2023, boosted by solid revenue growth in Cash App and Square, with $44 million in profit on its (BTC) holdings thanks to a price surge in recent months.
Continue Reading on Cointelegraph
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