Block agreed in principle to pay $764 million to resolve a Justice Department investigation, while its bitcoin gross profit fell by half in the third quarter.
Block reported a $229.7M gain on its Bitcoin holdings in Q3, more than four times the $52M gross profit from its Bitcoin business.
Block launched its first consumer Bitcoin ad campaign targeting 60 million curious Americans.
Sazmining now sells Proto immersion hashboards directly to buyers, handling deployment and maintenance at US facilities.
Block awarded one bitcoin to a ComplexCon attendee to promote bitcoin adoption.
Block launched an advertising campaign promoting bitcoin as everyday money, with ads on social media and TV through December.
Block Inc. has applied for a US national trust bank charter to offer regulated custody for bitcoin and stablecoins.