BTC Price Index and Live Chart – CoinDesk”>(BTC) holdings.

Block had approximately 8,038 BTC at its disposal for investment, with a value of $340 millions.

Cash App, an online banking platform owned by Jack Dorsey, made $66,000,000 in gross profit from bitcoin sales during the last quarter. This represents a 90% year-over-year increase.

The report stated that “the total amount of bitcoins sold to customers, which we recognize as Bitcoin revenue, was $2.52 billion. This is up 37% over the previous year.” The report said that the increase in revenue and gross profits was due to an increase in average bitcoin market prices as well as the appreciation in price of our bitcoin inventory.

shows that Block shares (NASDAQ:SQ) have risen 13% to $76,. Block’s gross profit increased by 22% annually to $2.03 Billion. Square’s gross profit was $828 million up 18% from last year. Cash App had a profit of $1.18billion, up 25 %.

Omkar Godbole is the editor.