Block’s This autumn Bitcoin income down 7% on crypto worth decline

Jack Dorsey’s cost firm Block Inc. reported $1.83 billion of (BTC) income from its Money App enterprise unit within the fourth quarter, representing a 7% fall from the identical time final 12 months.

In its This autumn and full-year outcomes introduced on Feb. 23, Block attributed the autumn in Bitcoin income to the decline in BTC worth within the 12 months. Bitcoin fell roughly 65% all through 2022.

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