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Block Inc rises 8% as Q1 gives ‘earnings surprise’ despite Bitcoin dip

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Block Inc rises 8% as Q1 gives ‘earnings surprise’ despite Bitcoin dip
« on: May 08, 2026, 09:19:13 PM »
Block Inc rises 8% as Q1 gives ‘earnings surprise’ despite Bitcoin dip

Block Inc rises 8% as Q1 gives ‘earnings surprise’ despite Bitcoin dip

Block’s Q1 earnings beat estimates despite Bitcoin revenue falling 26% on changing Bitcoin “trading dynamics” and reducing fees on Cash App transactions.


Source: Block Inc rises 8% as Q1 gives ‘earnings surprise’ despite Bitcoin dip
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