Block Inc’s Bitcoin revenue stagnates in Q3, shares drop 12% on revenue miss

Cointelegraph.com NewsBlock missed its revenue estimates for Q3 and said it is “winding down” its DeFi business to shift money into its Bitcoin mining and wallet businesses. 

​Block missed its revenue estimates for Q3 and said it is “winding down” its DeFi business to shift money into its Bitcoin mining and wallet businesses.