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

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

Nov 8, 2024 - 07:00
Block’s Bitcoin revenue stagnates in Q3, shares drop 12% on revenue miss

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

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