After several years of growing expenses and declining profits, Block is working to streamline its business. According to CEO Jack Dorsey, Block is restructuring its business "to provide consumer ...

Potential plaintiffs in the new lawsuit by ENF may need to opt out of other suits against Block.one to be eligible to participate. The EOS Network Foundation (ENF) is the latest entity to initiate ...

Block is joining the S&P 500, replacing Hess as of July 23. Hess is exiting the index upon its acquisition by Chevron. In May, Block reported disappointing quarterly results and issued a weak forecast ...

Block, Inc., founded by Jack Dorsey, the co-founder and ex-CEO of Twitter, is a financial technology company with a deepening full-stack connection to the Bitcoin industry through its subsidiaries.

Block is uniquely positioned with an integrated consumer and merchant platform few competitors can match. Despite recent headwinds, the company remains profitable with strong margins and a healthy ...

Ongoing economic uncertainty is effecting Block’s financials, with growth slowing for Square and Cash App. Bitcoin remains a key strategic focus for the leadership team, as Block works on boosting the ...