Cash App parent company Block

Dorsey's Block to invest 10% of bitcoin profits into BTC each

Cash App parent company Block announced Thursday in its first quarter earnings report it will begin putting 10% of its gross profit from bitcoin products into bitcoin

Block Shares Up 4% in Premarket as Company Reports Solid Q1

Fintech firm Block

Block, the company of Twitter founder Jack Dorsey, released its first-quarter financial report, with gross profit of $1.71 billion and total revenue of nearly $5 billion.

Fintech firm Block (SQ) reported $2.16 billion in bitcoin revenue in its Cash App unit during the first quarter, up 18% from $1.83 billion in Q4 and up 25% from Q1 2025

Block Books $50 Million in Bitcoin Gross Profit in Q1 2025

Thanks to an increase in

Block reported a Bitcoin gross profit of $50 million in Q1, while the total sale amount of bitcoin sold to customers – which the company recognizes as bitcoin revenue in the report – stood at

Thanks to an increase in the amount of Bitcoin sold to its customers, Block’s Cash App generated $50 million of Bitcoin gross profit in the first quarter of 2025, up 16% year

Block’s Q1 Bitcoin Revenue Rises 18% From Q4, Gains 25

Block

Block, formerly known as Square, said it will invest 10% of its gross profit from bitcoin products into bitcoin purchases each month. The company also said its original

Jack Dorsey’s Cash App Generates $50 Million Profit From Bitcoin

Block’s Bitcoin gross profit for the first quarter of 2025 through customer sales with its Cash App business was up nearly 60% year-on-year to $80.1 million. Up to 10%

Jack Dorsey’s Block is ‘DCA’ing’ into Bitcoin every month

Jack Dorsey’s Cash App Posts $2.16B in Bitcoin Revenue for Q1 2025

Jack Dorsey’s Block will invest 10% of its Bitcoin product profit

Block

Block, formerly known as Square, announced on Thursday that its Cash App business generated $50 million in Bitcoin gross profit in the first quarter of 2025, up 16% Y-O-Y. The total sale