Block Inc. purchased 120 Bitcoin in Q3 2026, increasing its holdings to 9,237 BTC valued at about $771.9 million. This purchase was funded by reinvesting gross profit from its Bitcoin ecosystem, which saw a 50% year-over-year profit decline due to fee cuts aimed at boosting Cash App Bitcoin adoption. Despite the Bitcoin segment's profit drop, Block's overall gross profit rose 22% to $3.24 billion, prompting an upward revision of its full-year 2026 profit guidance to $12.626 billion. The company’s steady Bitcoin accumulation strategy, funded by operating profits rather than debt or equity, highlights a cautious but consistent approach to corporate Bitcoin investment.
Block's Bitcoin accumulation is the subject, with Pluang market data providing context. For readers following cryptocurrency markets, 44 of 50 major cryptocurrencies rose today. Notable movers include GRT at Rp365 with a 1-day change of +4.39%, AVAX at Rp157,445 with a 1-day change of +4.01%, and CAKE at Rp34,510 with a 1-day change of +3.73%. This data is as of Nov 04, 2026 15:41 WIB.
Sampo Oyj has canceled 37,827,020 of its own A-shares as per the board's decision, with the cancellation registered today. These shares were acquired through a buyback program announced on May 6, 2026, and repurchased between May 7 and September 24, ...
Solvay's Q3 2026 underlying net sales fell 3.3% organically to €1,031 million, impacted by the Middle East conflict and weak soda ash markets. EBITDA dropped 26.6% organically to €173 million, partly due to a €25 million impact from the conflict and ...
STMicroelectronics announced a unified STM32 microcontroller platform that spans industrial, automotive, and robotics applications, enabling developers to reuse architectures, software, and tools across these sectors. The new STM32A family extends th...
dsm-firmenich announced a strong Q3 2026 trading update with 5% like-for-like sales growth and an improved Adjusted EBITDA margin of 20.4%. The company’s performance was driven by volume growth across its three business units: Perfumery & Beauty, Tas...
SUI, the cryptocurrency token, is showing a potential rebound if it surpasses the $0.95 level, which acted as a resistance in the third quarter. The token traded at $0.917 on October 25, with a support area identified around $0.85. If SUI falls below...
