DossierENTITY

Dorsey's Block

Coverage of Dorsey's Block in the Nexus archive.

Earliest in view: May 7 · 21:16 UTCMost recent: May 7 · 21:16 UTC

Co-mentioned in this coverage

Recent coverage

BUSINESSMay 7 · 21:16 UTCTHE BLOCK
Dorsey’s Block raises full-year guidance after ‘strong’ Q1, records $173 million bitcoin remeasurement loss
Dorsey's Block raised its full-year guidance after a strong Q1, despite recording a $173 million bitcoin remeasurement loss. Cash App's bitcoin business was down 31% year-over-year. Square reported a negligible gross profit impact from crypto.