Jack Dorsey said he doesn't like stablecoins—but Block's customers do, and that's winning despite the firm's strong Bitcoin focus.
Jack Dorsey, co-founder of the platform X (formerly known as Twitter) and current CEO of payments firm Block Inc. (NYSE: XYZ), has introduced a new Bitcoin wallet feature within the Square ...
The shift comes as stablecoins surge in popularity and competitors like Stripe and PayPal add stablecoin options, increasing market pressure.
Cash App is getting a glow up from its peer-to-peer beginnings. Block is making good on its promise to focus on Cash App's network with a slew of new product releases designed to entice more consumers ...
The initiative advocates for common-sense tax policy to unlock bitcoin's utility as a method of payment Block, Inc. (NYSE: XYZ) today launched "Bitcoin is Everyday Money," a campaign advocating for a ...
The fintech company behind Square and Cash App is slashing more than 4,000 jobs as AI has made that many people redundant. Wall Street agrees.
Block is putting up double-digit gross profit growth, but Bitcoin could drive results in the future. PayPal's stock has taken a beating, but the business still rakes in plenty of free cash flow.