Dorsey’s Block raises full-year guidance after ‘strong’ Q1, records $173 million bitcoin remeasurement loss

May 7, 2026 - 22:30
Dorsey’s Block raises full-year guidance after ‘strong’ Q1, records $173 million bitcoin remeasurement loss
Cash App’s bitcoin business was down 31% year-over-year, while Square reported a negligible gross profit impact from crypto. Source link

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