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Jack Dorsey’s Block had $5.62B in revenue, $44M in Bitcoin profits in Q3

Block didn’t incur any impairment loss on its Bitcoin holdings, and Bitcoin revenue contributed as much as 43% of its total revenue.

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

Jack Dorsey’s Block had $5.62B in revenue, $44M in Bitcoin profits in Q3

Block didn’t incur any impairment loss on its Bitcoin holdings, and Bitcoin revenue contributed as much as 43% of its total revenue.

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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Read on Cointelegraph

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