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Block’s bitcoin gross profit falls 31% after Cash App fee cuts as shares reverse initial gains

▶ The Block Aug 5, 2026 Aug 5 👁 1 views
Block’s bitcoin gross profit falls 31% after Cash App fee cuts as shares reverse initial gains
📋 Article Summary
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Block raised its 2026 gross profit forecast to $12.51 billion after posting record adjusted operating income. Block raised its 2026 gross profit forecast to $12.51 billion after posting record adjusted operating income. Read the full story on The Block via the link below.
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