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Home Cryptocurrency News Block Inc’s Bitcoin revenue stagnates in Q3, shares drop 12% on revenue miss

Block Inc’s Bitcoin revenue stagnates in Q3, shares drop 12% on revenue miss

Andrew M Nov 08, 2024 comments off
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Block, Inc.

Block missed its revenue estimates for Q3 and said it is “winding down” its DeFi business to shift money into its Bitcoin mining and wallet businesses.

Block, Inc. mining South of Market, San Francisco Transaction & Payment Services
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