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Block's third-quarter gross profit rises 22% year on year to $3.24bn

NewsFeeds update

Block's third-quarter gross profit was $3.24bn, up 22% year on year, with Cash App at $2.07bn and Square at $1.16bn. Bitcoin-related revenue was $1.8bn with gross profit of $52m, down 50% year on year, and Block raised its full-year 2026 gross profit guidance to $12.6bn.

BitcoinOdailyAINeutral

Read the original on Odaily

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.