Block Crushes Earnings and Doubles Down on Bitcoin. Here's What It Means for Investors

By Neil Rozenbaum – May 3, 2024 at 9:17AM

NYSE: SQ

Block

Market Cap

$45B

Today's Change

(1.44%) $1.04

Current Price

$73.30

Price as of May 20, 2024, 12:48 p.m. ET

Jack Dorsey is doubling down on Bitcoin at Block.

In this video, I will go over Block's (SQ 1.44%) first-quarter earnings report, which beat top and bottom-line estimates.

*Stock prices used were from the trading day of May 2, 2024. The video was published on May 2, 2024.

Neil Rozenbaum has positions in Block. The Motley Fool has positions in and recommends Bitcoin and Block. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.