Block Inc.

MIAMI, FLORIDA - APRIL 7: Cathie Wood, chief executive officer and chief investment officer, Ark Invest, gestures as she speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida. The world's largest bitcoin conference runs from April 6-9, expecting over 30,000 people in attendance and over 7 million live stream viewers worldwide.(Photo by Marco Bello/Getty Images)

Markets

ARK Invest Scoops Up Coinbase, Block Shares for Second Straight Day

Cathie Wood's fund bought COIN and SQ on Thursday and Friday last week after Coinbase tumbled on getting hit with a Wells Notice and Block took a hit following a short-seller's report.

MIAMI, FLORIDA - APRIL 7: Cathie Wood, chief executive officer and chief investment officer, Ark Invest, gestures as she speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida. The world's largest bitcoin conference runs from April 6-9, expecting over 30,000 people in attendance and over 7 million live stream viewers worldwide.(Photo by Marco Bello/Getty Images)

By Greg Ahlstrand

Mar 27, 2023 at 3:07 a.m. UTC

Mar 27, 2023

ARK InvestCathie woodCoinbaseCOINBlock Inc.

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Tech

Bitcoin protocol

Block Subsidiary Spiral, Mining Tech Firm Braiins Spearhead Push for Bitcoin Mining Upgrades

The firms are part of a working group pushing for the adoption of Stratum V2, which promises to increase the Bitcoin network's censorship resistance and decentralization.

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By Eliza Gkritsi

Oct 11, 2022 at 12:00 p.m. UTC

Oct 11, 2022

Bitcoin ProtocolBlock Inc.TechMining

Block receives another Wall Street downgrade. (Sophie Backes, Unsplash)

Finance

Jack Dorsey’s Block Draws Analyst Downgrade on Bitcoin Sentiment

Mizuho cuts its rating on the stock to neutral from buy, citing slowing growth for Cash App and management's attention on BTC.

Block receives another Wall Street downgrade. (Sophie Backes, Unsplash)

By Michael Bellusci

Sep 22, 2022 at 1:17 p.m. UTC

Sep 22, 2022

Block Inc.SquareAnalyst RatingsStocks

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Finance

Block Beats Q2 Estimates but Bitcoin Revenues Fall

Despite beating projections, the payments company said its overall revenue fell because of a decrease in bitcoin revenue.

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Aug 4, 2022 at 8:36 p.m. UTC

Aug 4, 2022

Block Inc.EarningsBitcoin

Block TBD lead Mike Brock (left) at Consensus 2022 (Brad Keoun/CoinDesk)

Finance

Jack Dorsey’s TBD Announces Web 3 Competitor: Web5

The Block subsidiary’s alternative ditches Web 3 and places bitcoin at the forefront. But there is no official release date, as yet.

Block TBD lead Mike Brock (left) at Consensus 2022 (Brad Keoun/CoinDesk)

Jun 10, 2022 at 6:43 p.m. UTC

Jun 10, 2022

Web 3.0Block Inc.Consensus 2022

a man balancing on a rock with an orange sunset in the background, representing bitcoin as an equalizer

Finance

Bitcoin Might, in Fact, Be the Great ‘Equalizer’

A new global survey drills in on the perception of Bitcoin around the world, and the findings appear to be generally optimistic for global equity.

a man balancing on a rock with an orange sunset in the background, representing bitcoin as an equalizer

By George Kaloudis

Jun 5, 2022 at 2:50 p.m. UTC

Jun 5, 2022

BitcoinEthereumBlock Inc.Crypto Long & ShortIndia

(Block)

Finance

Block Sees Bitcoin Disrupting Payments Networks, Expects Self-Custody to Grow

CFO Amrita Ahuja said the crypto could become a "global currency for the internet."

(Block)

By Michael Bellusci

May 18, 2022 at 4:29 p.m. UTC

May 18, 2022

Block Inc.SquareCash AppJack DorseyLightning Network

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Finance

Block’s Stock Would Shine if It Not for Its Link to Bitcoin, Mizuho Says

The company's fundamentals are improving, the investment bank said.

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By Michael Bellusci

May 12, 2022 at 4:35 p.m. UTC

May 12, 2022

Cash AppJack DorseyCrypto StocksAnalyst RatingsBlock Inc.

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Finance

Block Misses Q1 Estimates, Posts $1.73B in Bitcoin Transactions

The payments firm formerly known as Square said it didn’t record any bitcoin impairment charges in the quarter.

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By Michael Bellusci

May 5, 2022 at 8:32 p.m. UTC

May 5, 2022

Block Inc.EarningsJack Dorsey