Block Inc.
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cryptoSeven Major Bitcoin Mining Pools Unite Behind Stratum V2 Upgrade
AntPool, F2Pool, Foundry and others join the Stratum V2 working group, aiming to overhaul Bitcoin's mining communication protocol for better security and efficiency.
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financeBlock Beats Q1 Estimates, Lifts 2026 Outlook, Shares Surge 8%
Block Inc. posts strong Q1 earnings, accelerates gross profit growth, and raises full-year guidance, driven by an AI-focused restructuring.
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techCash App Launches Youth Accounts, Omits Bitcoin Access for Youngest Users
Block's Cash App introduces managed savings accounts for children aged 6-12, offering interest but no direct Bitcoin access, while teen accounts retain crypto options.
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techBlock Inc. Unveils Mini-AGI Vision After Major Workforce Reduction
CEO Jack Dorsey and Roelof Botha detail a new AI-driven organizational model following layoffs of nearly half the company's staff.
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financeMARA and Block Surge on AI Pivot and Cost Cuts; CoreWeave Falls
Crypto miners and fintech firms report mixed Q4 results. MARA Holdings and Block Inc. see significant pre-market gains driven by AI data center deals and workforce reductions, while CoreWeave faces pressure.
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financeBitcoin Struggles Below $65K Amidst Market Volatility
Bitcoin's rebound falters at $65,000 as stock markets decline and gold gains. Block Inc. surges on AI-driven restructuring.
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financeJack Dorsey's Block Slashes Over 4,000 Jobs in Major Restructuring
Block Inc. announces significant workforce reduction, cutting over 40% of its staff as part of a broad corporate restructuring. Stock surges on the news.
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financeBlock Slashes 40% Workforce, Surges on Earnings Beat
Fintech giant Block Inc. announced significant layoffs and a workforce reduction of 40% as it pursues an AI-native strategy, while simultaneously reporting stronger-than-expected earnings.