Block reported a $229.7 million gain on its Bitcoin holdings in Q3, more than four times its Bitcoin business gross profit of $52 million, which fell due to a fee cut on Cash App Bitcoin transactions. Overall gross profit rose 22% year-over-year to $3.24 billion, driven by growth in Cash App lending and payments. Block's Bitcoin holdings are revalued quarterly at market price, causing earnings swings; the Q3 gain boosted GAAP net income to $566 million. However, future profits depend on Bitcoin's price, with potential losses if prices fall below the Q3 level by year-end.
Block's Bitcoin holdings and related earnings provide context for cryptocurrency trends. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 04, 2026 17:01 WIB: of 50 priced major cryptocurrencies tradable on Pluang, 42 rose and 6 fell today. Notable movers include BAL (Balancer) at Rp16.297 with an 11.14% increase, BAT (Basic Attention Token) at Rp2.469 up 8.57%, and EOS (EOS.IO) at Rp12.649 rising 8.13%.
KE Holdings Inc., a major online and offline housing platform in China, will announce its unaudited financial results for the third quarter of 2026 on November 16 before the U.S. market opens. The company will host an earnings conference call at 7:00...
JD.com announced it will publish its unaudited financial results for the third quarter of 2026 on November 17, before the U.S. market opens. The company's management will hold a conference call the same day to discuss the results, providing investors...
Dimensional Fund Advisors Ltd. filed a Form 8.3 disclosure revealing it holds a 1.27% stake in Prologis Inc as of November 3, 2026. This disclosure is part of regulatory requirements under the Takeover Code for investors holding 1% or more in relevan...
Dimensional Fund Advisors Ltd. has disclosed an interest in 1,516,595 ordinary shares of DCC Energy plc, representing 1.78% of the company's shares as of November 3, 2026. The disclosure follows regulatory requirements under the Irish Takeover Panel ...
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, ...
