Block just dropped Q2 numbers and the $BTC segment is bleeding.
30%+ drop in Bitcoin gross profit. Only segment in the red while Commerce and Financial Solutions are pumping 18% and 43%.
Jack's Bitcoin treasury play isn't printing like it used to. Macro liquidity shift or execution issue?
Watch how this plays into corporate $BTC adoption narrative. If Block can't make it work, who can?
#BitcoinTreasury
30%+ drop in Bitcoin gross profit. Only segment in the red while Commerce and Financial Solutions are pumping 18% and 43%.
Jack's Bitcoin treasury play isn't printing like it used to. Macro liquidity shift or execution issue?
Watch how this plays into corporate $BTC adoption narrative. If Block can't make it work, who can?
#BitcoinTreasury