Block Shares Surge 8% After Q1 Earnings Beat, Bitcoin Loss
Block’s shares jumped 8% in after-hours trading despite a $309M net loss due to Bitcoin revaluation, as Q1 earnings topped estimates.
Stocks
Cash App, Square and the Bitcoin business under Jack Dorsey's fintech.
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Founded in 2009, Block provides payment services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. In 2025, Square's payment volume was almost USD 260 million.
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Market-moving headlines mentioning Block.
Block’s shares jumped 8% in after-hours trading despite a $309M net loss due to Bitcoin revaluation, as Q1 earnings topped estimates.
Block (XYZ) last closed at $75.85 on October 14, 2026. Quotes are delayed at least 15 minutes.
Over the past 52 weeks XYZ has traded between $48.21 and $86.92.
Block has a market capitalisation of about $46.18 billion.
XYZ trades on NYSE, in the Services-Prepackaged Software industry.
Blockchain.News publishes XYZ coverage and price forecasts on this page, with 40 stories filed so far. This is information, not investment advice.
XYZ's 14-day relative strength index (RSI) is 46.2, which is neutral on the standard 30/70 scale. RSI measures the speed of recent price moves, not a price target — this is not investment advice.
XYZ's 50-day moving average is currently above its 200-day moving average — a Golden Cross (bullish long-term trend) in classic technical-analysis terms. Moving-average crossovers describe past price behaviour, not a forecast.
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