Tag: block Bitcoin

Buy, Sell, Trade Bitcoin with Credit Card & 100+ Cryptocurrencies @ BEST rates from multiple sources, Wallet-to-Wallet, Non-Custodial!

Block posts 34% increase in Bitcoin revenue in Q2 but shares stumble

August 4, 2023

Bitcoin profits on Block’s Cash App dropped slightly from the first quarter of 2023 but remain up 7% from this time last year. Shares in payment technology firm Block Inc. tumbled after hours despite its second-quarter results beating earnings expectations, including a 34% year-on-year increase in Bitcoin (BTC) revenue. In a Q2 earnings call, Block…
Read more

Cash App’s Bitcoin Revenue Grew 119% in 2021, Gross Profit From BTC Rose 124%

February 26, 2022

Popular mobile payment platform Cash App, developed by Jack Dorsey’s Block Inc., generated $10 billion in bitcoin revenue and $218 million in bitcoin gross profit in 2021. Compared to the previous year, the bitcoin revenue increased 119% while gross profit rose 124%. Cash App’s Bitcoin Business Block Inc., formerly Square Inc., released its Q4 2021…
Read more

Subscribe to Ƀitsell X

©  2025 Ƀitsell X. Built using WordPress and the Mesmerize Theme