Jack Dorsey’s Block to Focus More on Bitcoin Mining Instead of TIDAL Investments
Block is looking to channel funds toward Bitcoin mining initiatives and Bitkey wallet growth.
Square CashApp News and Updates
Recent Square CashApp News
US Prosecutors Investigate Jack Dorsey’s Block Over Non-Compliant Crypto Services: Report
Internal documents allege Block's involvement in terrorist crypto transactions and Square's handling of transactions violating sanctions.
Bitcoin Profits: Jack Dorsey’s Block Reports 90% Surge in BTC Gains in Q4 2023
Block reported significant Bitcoin sales via mobile Cash App in 2023, generating $205M gross profit and $9.5B revenue.
Jack Dorsey’s Block (SQ) Jumps 12% After Bitcoin Revenue Surges In Q3
The company’s Bitcoin revenue surpassed $2.4 billion last quarter.
Block’s BTC Revenue Rises by Over 30% in Q2
"The year-over-year increase in bitcoin revenue and gross profit was driven by an increase in the quantity of bitcoin sold
CashApp Founder Bob Lee Stabbed to Death in San Francisco: Report
The San Francisco Police Department have not made any arrests so far.
Hindenburg Drops Astonishing Details on Jack Dorsey’s Block, Payment Firm Fires Back
Jack Dorsey's payments firm Block Inc has become the latest target of Hindenburg Research.
Block’s Shares Jumped 7% Despite Declining Q4 Bitcoin Revenue
Block claimed the reduced bitcoin revenue in Q4,2022 resulted from the crypto market collapse that occurred last year.
Lightning Network Transfers are Now Fully Available On CashApp
CashApp users on both Android and IOS can receive Bitcoin lightning payments.Â
Block Q2 Bitcoin Revenue Down 6% YOY Due to BTC SlumpÂ
Excluding BTC, Block’s Q2 revenue and gross profit increased by 34% and 29%, respectively.
