Block nets $1.18B Q4 gross profit marking a 47% YoY increase

In total, Block generated $4.42 billion worth of gross profit in 2021 marking a total YoY growth of 62%, however, net profit totaled just $77 million.
Source: Block nets $1.18B Q4 gross profit marking a 47% YoY increase (https://cointelegraph.com/news/block-nets-1-18b-q4-gross-profit-marking-a-47-yoy-increase)
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