Jack Dorsey’s block hits $1.3 billion in profit and $43 million in BTC trading revenue in Q1

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Jack Dorsey’s block hits $1.3 billion in profit and $43 million in BTC trading revenue in Q1 Jack Dorsey’s block hits $1.3 billion in profit and $43 million in BTC trading revenue in Q1

Block, the pro-Bitcoin (BTC) umbrella company that hosts Cash App, Square, and Afterpay, continues to grow in 2022. According to its letter to shareholders, gross profits for the first quarter of 2022 “up 34% year over year. ” Overall, the group had gross profits of US$1.29 billion. However, operating expenses also increased by “$1.52 billion […] The post Jack Dorsey’s block hits $1.3 billion in..
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