Square Begins Bitcoin Payments for Sellers as Block Stock Hits S&P 500
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最新报道：Square's parent company Block saw its stock surge 16% after reporting strong Q4 earnings, with Bitcoin revenue hitting $2.52 billion—a 37% year-over-year increase. The payments giant processed $10 billion in Bitcoin sales through Cash App, generating $66 million in gross profit. Block also announced plans to reinvest 10% of its monthly Bitcoin-related profits into BTC purchases, following its existing policy of dollar-cost averaging. The company's shares rose further after being added to the S&P 500 index, though its overall gross profit growth slowed to 22% from 27% in Q3. Block continues expanding its Bitcoin ecosystem with initiatives like its mining system and decentralized identity project.
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