Jack Dorsey-led Block posts $1.5B in Q2 profits, BTC revenue down

Dato · 08-05-2022, 01:29 PM

Jack Dorsey-led Block posts $1.5B in Q2 profits, BTC revenue down

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDgvMDkxMDU5MGYtYTRmMy00Yjc4LWI2YzctM2ZjZjNmMmQzZTQ4LmpwZw==.jpg"></p><p>Block Inc. posted $1.47B worth of profit in Q2 but BTC trading services profit only accounted for $41 million of that figure, with the firm citing price volatility and a lack of consumer demand. </p>

https://cointelegraph.com/news/jack-dors...venue-down

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