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. Block’s shares tumbled in early after-hours ...

Jack Dorsey, Co-Founder, Block Head & Chairman, announced a major workforce reduction: "We're reducing Block from over 10,000 people to just under 6,000." Dorsey ...

Jack Dorsey’s Block (the company formerly known as Square) announced today that it is releasing its hardware Bitcoin wallet, Bitkey, in 95 countries. However, users can only preorder the device at the ...

Feb 22 (Reuters) - Shares in Jack Dorsey-led Block (SQ.N), opens new tab surged 12% on Thursday after the payments firm forecast adjusted core earnings for the current quarter above Wall Street ...

Block’s upgraded financial outlook and CEO Jack Dorsey’s comments are pushing up the shares. A stronger economic backdrop in 2024 will be a boon for the business. The stock’s cheap valuation adds ...