Block Q3 net revenue reaches $6.11 billion, with bitcoin revenue at $1.97 billion
Foresight News reported, according to Jinse Finance, that Block, founded by Jack Dorsey, reported a net revenue of $6.11 billion for the third quarter, while analysts expected $6.34 billion; bitcoin revenue was $1.97 billion, with analysts expecting $2.28 billion; fourth quarter gross profit is expected to be $2.76 billion, while analysts expected $2.74 billion.
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