Shares of Block (NASDAQ: SQ) are up 13% in after-hours trading to $76, data shows. Overall, Block reported its gross profit grew 22% yearly to $2.03 billion. Square generated a gross profit of $828 million, up 18% year over year, and Cash App generated a gross profit of $1.18 billion, up 25% year over year.
BTC Outperforms Broader Crypto Market, Ether Price Drop Mirrors Bitcoin ETF Launch
July 26, 2024
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