In brief

• Block made a $229.7 million profit from its Bitcoin holdings in Q3

• Bitcoin ecosystem gross profit halved to $52 million after Cash App cut fees

• Block shares surged after the market close, but Bitcoin prices could change its Q4 net profit

Read the original story: Holding Bitcoin paid over 4x more than selling to Cash App users, by Kamina Bashir at th.beincrypto.com