Bitcoin revenue for Block grows 9% to $2.6B

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Block’s Bitcoin revenue exceeded $2.61 billion during the second quarter of 2024, contributing to a total net revenue of $6.16 billion for the period.

Jack Dorsey’s payment conglomerate Block Inc. has released its earnings results for the second quarter of 2024, posting a 9% growth in Bitcoin revenue year over year.

According to a shareholder letter, Block’s Bitcoin revenue topped $2.61 billion over the period, with total net revenue reaching $6.16 billion in the quarter — an 11% growth compared to the same period in 2023.



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