CryptoNeutralcrypto.news · 21h ago6/10
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Jack Dorsey’s Block rises despite first quarterly loss in years
Block's stock surged 8% following Q1 2026 earnings that exceeded analyst expectations, despite the company reporting its first quarterly net loss in years at $309 million and a 26% decline in Bitcoin revenue. The market reaction suggests investors are focusing on the earnings beat and growth metrics rather than the bottom-line loss, indicating confidence in the company's operational trajectory.
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