Jack Dorsey's Block Q2 Revenue Soars to $5.5 Billion, Led by Strong Bitcoin Sales
Block, the payments firm led by Twitter founder Jack Dorsey, saw its revenue soar to $5.5 billion in the second quarter, partly thanks to strong growth in Bitcoin (BTC) sales on the platforms. Out of the total $5.5 billi...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Out of the total $5.5 billion in revenue, a whopping $2.4 billion came from sales of Bitcoin, a year-over-year increase of 34%, the company said in its quarterly shareholder letter....
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