sq – DIGIT INFO

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

DIGIT — Fri, 08 Nov 2024 01:21:52 +0000

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

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Cathie Wood’s ARK loads up crypto bags, buys $19.9M Block shares

DIGIT — Fri, 09 Jun 2023 05:56:58 +0000

Just days after buying $21 million of Coinbase shares, ARK Invest CEO Cathie Wood has added another $19.9 million in Block Inc. shares across its ETFs.

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Square’s Cash App Bitcoin Revenue Surges 600% to $875 Million in Q2, Profit Up 711%

DIGIT — Thu, 06 Aug 2020 14:15:22 +0000

Square Inc. has reported a significant bitcoin revenue increase in the second quarter. Its Cash App generated $875 million in revenue, a 600% increase from the previous year. In addition, Square’s bitcoin gross profit jumped 711%. Square Cash App’s Bitcoin Revenue Square released its performance report for Q2 2020 on Tuesday. The company’s net revenue, […]

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