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Bitcoin Cointelegraph

Block’s Bitcoin revenue stagnates in Q3, shares drop 12% on revenue miss

Block missed its revenue estimates for Q3 and said it is “winding down” its DeFi operations to shift money into its Bitcoin mining and wallet businesses.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Block’s Bitcoin revenue stagnates in Q3, shares drop 12% on revenue miss

Block missed its revenue estimates for Q3 and said it is “winding down” its DeFi operations to shift money into its Bitcoin mining and wallet businesses.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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