Block's Bitcoin Ecosystem Gross Profit Falls 31% in Q2 After Cash App Fee Cuts
Block reported a 31% year-over-year decline in bitcoin ecosystem gross profit during the second quarter, down to $72 million from $105 million a year earlier. The company attributed the decline to its "strategic decision" to reduce fees on certain bitcoin transactions through Cash App, alongside a s
BTC0.74%
GateNews·33m ago
