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coinpedia 2024-02-23 12:31:07

Jack Dorsey’s Block Posts 90% Boost in Bitcoin Gross Profits in Q4

The post Jack Dorsey’s Block Posts 90% Boost in Bitcoin Gross Profits in Q4 appeared first on Coinpedia Fintech News In its Q4 earnings report, fintech company Block, led by Jack Dorsey, revealed a remarkable gain of $207 million on its Bitcoin holdings. As of December 31, 2023, Block held around 8,038 BTC valued at $340 million. The company’s earning report highlighted a significant increase in Bitcoin revenue, totaling $2.52 billion, a 37% year-over-year rise. …

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