Technology

Block reports Q1 revenue of $3.96B, down 22% YoY, vs. $4.1B est., and Cash App bitcoin revenue of $1.73B, down 51% YoY; stock is up 5%+ (Michael Bellusci/CoinDesk)

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Michael Bellusci / CoinDesk:

Block reports Q1 revenue of $3.96B, down 22% YoY, vs. $4.1B est., and Cash App bitcoin revenue of $1.73B, down 51% YoY; stock is up 5%+  —  Fintech and digital payments giant Block Inc. (SQ) reported first-quarter earnings that missed analyst expectations on Thursday after the close.Total Q1 revenue …



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