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The News Crypto 2023-08-04 11:49:16

Jack Dorsey-backed Block Reports $1.87B Gross Profit in Q2 2023

Block Inc., a company that facilitates Bitcoin payments, has announced that its gross profit for the second quarter of 2023 was $1.87 billion, up 27% year over year. In addition, Bitcoin accounted for $2.4 billion of the firm’s reported $5.5 billion in net revenue during the second quarter. Bitcoin revenue

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