Jack Dorsey’s Block reported impressive financial results in Q3, driven largely by its Bitcoin-related activities. The company earned nearly $2 billion in Bitcoin revenue during the quarter, contributing to a total haul of $6.11 billion.
This strong performance was bolstered by the success of both Cash App and Square, which powered an 18% rise in gross profit for the period. The continued growth in Bitcoin revenue highlights Block’s significant role in the digital currency ecosystem and its ability to capitalize on the expanding market.
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https://cryptonews.com/news/jack-dorsey-block-makes-2b-bitcoin-revenue-q3/
