2026-05-07 20:41:43
Block Records $173M Bitcoin Remeasurement Loss in Q1 2026, Raises Full-Year Guidance
According to its investor presentation, Block Inc recorded a $173 million bitcoin remeasurement loss in Q1 2026, contributing to a $309 million net loss attributable to common stockholders. The company's corporate bitcoin treasury and customer bitcoin holdings together stand at 28,355 BTC, valued at