Dorsey's Block raises full-year guidance after 'strong' Q1, records $173 million bitcoin remeasurement loss - Stock Watch Index

Dorsey’s Block raises full-year guidance after ‘strong’ Q1, records $173 million bitcoin remeasurement loss

May 7, 2026

Cash App’s bitcoin business was down 31% year-over-year, while Square reported a negligible gross profit impact from crypto.

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