logo

US Stock Block Soars Over 11% in After-Hours Trading, Market Cap Reaches $43.5 Billion

By: theblockbeats.news|2025/07/18 22:02:09

BlockBeats News, July 19, after-hours trading, Stock of Block (Ticker: XYZ) surged over 11%, pushing its market value to $43.5 billion.


In earlier news, Jack Dorsey's payment company Block is set to join the S&P 500 index.


Previously reported, on May 3, 2024, Jack Dorsey's payment company Block announced its Bitcoin Dollar-Cost Averaging (DCA) plan. According to the plan, Block will allocate 10% of the monthly gross profit from its Bitcoin Conversions Product to purchase Bitcoin for investment. Data from earlier showed that Block's Bitcoin Conversions Product gross profit in the first quarter was $80 million. If this profit level can be sustained for the remainder of the year, the company under this plan would add another $24 million worth of Bitcoin to its balance sheet.

As of March 31, 2024, Block held 8,038 bitcoins on its balance sheet, representing approximately 9% of Block's total cash, cash equivalents, and marketable securities.

WEEX se roba el Show en BlockchainRIO 2025

Te puede gustar

Compartir
copy

Ganadores

Últimas noticias cripto

01:20

Alliance DAO Genesis: Es difícil convencerse a sí mismo de mantener el token L1 a largo plazo, ya que no hay "Foso".

01:18

Actividad de ballenas en cadena Overview: 'Buddy' se suma a la posición larga, Whale obtiene más de $10 millones en ganancias en cortocircuito 1000 BTC

23:18

YZi Labs ha presentado un borrador de declaración de registro a la SEC de EE.UU., con la intención de ampliar la junta directiva de CEA Industries y elegir nuevos directores.

07:03

Tabla de clasificación de flujos de financiación al contado de 24 horas: Entrada neta de BTC de $473 millones, salida neta de ETH de $33.22 millones

07:01

Una ballena ha terminado una hibernación de casi 3 años, vendiendo 200 BTC.

Leer más
Comunidad
icon
icon
icon
icon
icon
icon
icon
icon

Atención al cliente@weikecs

Cooperación empresarial@weikecs

Trading cuantitativo y CM[email protected]

Servicios VIP[email protected]