Block reports $2.43 billion in Bitcoin revenue since July from $63 billion total Cash App inflows
Gross payment volume of Block's Cash App rises 10% YoY, underpinned by Bitcoin revenue surge
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Details of the company's crypto holdings are still largely unknown, but Bitcoin has not provided a return.
Cook said that Apple is working on AI-powered services but does not usually announce those products until they arrive on the market.
The value of the company's stock remains largely unchanged.
The company purchased 12,333 BTC for $347 million in Q2 2023.
DCG also reported that the company has appointed Mark Shifke as its new chief financial officer (CFO).
Uncertainties around the upcoming third quarter seemingly caused stocks to fall.