COINOTAG recommends • Exchange signup |
💹 Trade with pro tools |
Fast execution, robust charts, clean risk controls. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🚀 Smooth orders, clear control |
Advanced order types and market depth in one view. |
👉 Create account → |
COINOTAG recommends • Exchange signup |
📈 Clarity in volatile markets |
Plan entries & exits, manage positions with discipline. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
⚡ Speed, depth, reliability |
Execute confidently when timing matters. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🧭 A focused workflow for traders |
Alerts, watchlists, and a repeatable process. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
✅ Data‑driven decisions |
Focus on process—not noise. |
👉 Sign up → |
- Block, the fintech powerhouse led by Jack Dorsey, celebrates a significant leap in Bitcoin-related profits, marking a 90% year-over-year growth.
- The company’s strategic Bitcoin investments and sales through Cash App have culminated in a robust financial performance, enhancing its market position.
- “The biggest driver is going to be easy, connected banking features that just work and that people can trust,” Jack Dorsey emphasizes the importance of reliability and trust in financial services.
Block, Inc. reports a spectacular $207 million gain from its Bitcoin investments last quarter, reflecting a 90% increase in Bitcoin gross profit and propelling its stock to soar in after-hours trading.
Impressive Financial Outcomes Fueled by Bitcoin
The fintech firm, under the guidance of former Twitter CEO Jack Dorsey, announced a staggering $66 million in gross profit from Bitcoin sales via Cash App, marking a significant 90% increase from the previous year. This surge contributed to a remarkable 12.35% increase in NASDAQ:SQ stock prices post-market. The earnings report highlighted a total Bitcoin revenue of $2.52 billion, up 37% year over year, attributing the growth to the rising market price of Bitcoin and advantageous pricing changes.
Strategic Investments and Market Dynamics
In the fiscal year 2023, Block’s strategic maneuvers, including a $50 million and $170 million investment in Bitcoin, bore fruit as the company reported holding 8,038 Bitcoins, valued at around $340 million. These investments alone netted a $207 million gain in the fourth quarter, underscoring Block’s adeptness in navigating the volatile crypto market. The overall revenue for the year stood at $9.5 billion, marking a 33.54% increase from the previous year, despite a prior downturn in revenue from 2022 to 2021.
Cash App: A Key Player in Block’s Success
Cash App has emerged as a pivotal component of Block’s strategy, generating $205 million in Bitcoin gross profit and $9.50 billion in revenue for 2023. This success is attributed to the app’s user-friendly banking features and reliability, as emphasized by Dorsey. Block’s commitment to innovation and customer trust is evident in its continuous growth and adaptation to market demands.
COINOTAG recommends • Professional traders group |
💎 Join a professional trading community |
Work with senior traders, research‑backed setups, and risk‑first frameworks. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
📊 Transparent performance, real process |
Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
👉 Get access → |
COINOTAG recommends • Professional traders group |
🧭 Research → Plan → Execute |
Daily levels, watchlists, and post‑trade reviews to build consistency. |
👉 Join now → |
COINOTAG recommends • Professional traders group |
🛡️ Risk comes first |
Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
👉 Start today → |
COINOTAG recommends • Professional traders group |
🧠 Learn the “why” behind each trade |
Live breakdowns, playbooks, and framework‑first education. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
🚀 Insider • APEX • INNER CIRCLE |
Choose the depth you need—tools, coaching, and member rooms. |
👉 Explore tiers → |
Future Outlook: AI and Financial Services
Looking ahead, Block is setting its sights on leveraging artificial intelligence to further enhance its financial services. Dorsey’s vision for AI in banking underscores its potential to accelerate learning, improve efficiency, and foster creativity. This forward-thinking approach is poised to keep Block at the forefront of financial technology, with AI playing a crucial role in its evolution.
Conclusion
Block’s remarkable performance in the last quarter, driven by strategic Bitcoin investments and the success of Cash App, highlights the company’s financial acumen and innovative approach to banking and cryptocurrency. With a keen eye on future technologies like AI, Block is well-positioned to continue its trajectory of growth and market leadership, offering valuable insights into the fusion of finance and technology.
COINOTAG recommends • Exchange signup |
📈 Clear interface, precise orders |
Sharp entries & exits with actionable alerts. |
👉 Create free account → |
COINOTAG recommends • Exchange signup |
🧠 Smarter tools. Better decisions. |
Depth analytics and risk features in one view. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
🎯 Take control of entries & exits |
Set alerts, define stops, execute consistently. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🛠️ From idea to execution |
Turn setups into plans with practical order types. |
👉 Join now → |
COINOTAG recommends • Exchange signup |
📋 Trade your plan |
Watchlists and routing that support focus. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
📊 Precision without the noise |
Data‑first workflows for active traders. |
👉 Sign up → |
COINOTAG recommends • Members‑only research |
📌 Curated setups, clearly explained |
Entry, invalidation, targets, and R:R defined before execution. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧠 Data‑led decision making |
Technical + flow + context synthesized into actionable plans. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
🧱 Consistency over hype |
Repeatable rules, realistic expectations, and a calmer mindset. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🕒 Patience is an edge |
Wait for confirmation and manage risk with checklists. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
💼 Professional mentorship |
Guidance from seasoned traders and structured feedback loops. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧮 Track • Review • Improve |
Documented PnL tracking and post‑mortems to accelerate learning. |
👉 Join now → |