Block

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

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

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.

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

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

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

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

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

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

Block

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%

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 Block will invest 10% of its Bitcoin product profit

Fintech firm Block

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

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

Cash App parent company Block

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