JPMorgan predicts that Block Inc., co-founded by Jack Dorsey, will reach the ‘Rule of 40’ by 2026. Despite a recent $70 million expense reported in Q3 2025 raising […]
Block Shares Plunge After Q3 Earnings Fall Short of Expectations
Shares of Jack Dorsey’s fintech company, Block Inc., plummeted in after-hours trading following the release of its third-quarter earnings report. The company fell short of analyst expectations for […]
Block Inc.’s Q3 Revenue Falls Short of Expectations
Block Inc. recently reported a net revenue of $6.11 billion for the third quarter, missing analysts’ expectations of $6.34 billion. Bitcoin-related revenue for the period amounted to $1.97 […]
Block Enters Direct Competition with Visa and Mastercard Through ‘Neighborhoods’ Payments System
Jack Dorsey’s Block Inc. is taking aim at the dominant card networks by introducing a new payment system designed to eliminate intermediaries entirely. The company’s ‘Neighborhoods’ initiative allows […]
Block Inc.’s Cash App Launches Neighborhood Network to Challenge Visa & Mastercard
Jack Dorsey’s Block Inc. is taking aim at the credit card giants, launching a new payment system designed to bypass Visa and Mastercard entirely. The ‘Neighborhoods’ program allows […]
Block Inc.’s Proto Rig Promises 10-Year Bitcoin Mining Longevity
Block Inc. has unveiled the Proto Rig, a groundbreaking modular Bitcoin mining system designed for a 10-year lifespan. This initiative aims to transform the industry by offering long-term […]
Block, Inc. Secures $1.5 Billion in Senior Notes Financing
Blockchain payment company Block, Inc. has secured a $1.5 billion financing through a private placement of senior notes, according to media reports. The proceeds will be allocated toward […]
Ark Invest Invests Heavily in Block Inc., Signaling Institutional Bitcoin Interest
Investment giant Ark Invest has purchased 262,463 shares of Block Inc., signaling a significant commitment to the company’s focus on cryptocurrency-powered financial technologies. This move comes as institutional […]
Ark Invest Invests $19 Million in Block Inc., Signaling Bitcoin Confidence
Ark Invest, led by Cathie Wood, has made a significant move in the financial market with a $19 million purchase of Block Inc. shares. This investment reflects a […]
Ark Invest Buys $19 Million Worth of Block Inc. Shares Amid Price Slump
Cathie Wood’s Ark Invest recently acquired a significant stake in Jack Dorsey’s company, Block Inc., buying over 262,000 shares on August 11th for approximately $19.2 million. The acquisition […]
ARK Invest Acquires Block Inc. Shares, Boosting Bitcoin Integration
ARK Invest has significantly increased its stake in Block Inc., acquiring 262,463 shares of the company. This move coincides with CEO Jack Dorsey’s continued focus on integrating Bitcoin […]
Ark Invest Acquires Large Position in Block Inc., Amidst Dorsey’s Bitcoin Advocacy
Cathie Wood’s Ark Invest has made a substantial investment, purchasing 262,463 shares of Block Inc. (formerly Square). This move comes as Jack Dorsey, CEO of Block and former […]
ARK Invest Doubles Down on Bitcoin with Block Share Purchase
Cathie Wood’s ARK Invest has made a significant move, acquiring 262,463 shares of Block, Inc., the company formerly known as Square. This investment follows Jack Dorsey’s renewed focus […]
Ark Invest Buys $19 Million Worth of Block Inc. Stock
Ark Invest has made a strategic move, purchasing approximately $19 million worth of shares in Block Inc., on August 11, 2025, during a period of market fluctuation. This […]
Ark Invest Invests $19 Million in Block Inc., Aligning with Tech Trends
Investment firm Ark Invest has made a substantial move, acquiring roughly $19 million worth of shares in Block Inc., at a time when the company’s stock price hit […]