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Author Topic: Jack Dorsey-led Block posts $1.5B in Q2 profits, BTC revenue down  (Read 295 times)

Offline newshunter

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Jack Dorsey-led Block posts $1.5B in Q2 profits, BTC revenue down
« on: August 06, 2022, 01:00:23 PM »
Jack Dorsey-led Block posts $1.5B in Q2 profits, BTC revenue down

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.


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

Would appreciate your opinion about this
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Jack Dorsey-led Block posts $1.5B in Q2 profits, BTC revenue down
« on: August 06, 2022, 01:00:23 PM »

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Re: Jack Dorsey-led Block posts $1.5B in Q2 profits, BTC revenue down
« Reply #1 on: August 06, 2022, 07:42:16 PM »
This is a very good rate of profit. This news should be considered as an encouraging development for other companies as well. The world is in a global crisis. 1.5 billion is very nice money. :) Block Inc can set an example for other companies with its business model and profit rate. :)
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