Block reports Q1 revenue up 26% YoY to $4.99B, vs. $4.6B est., Square gross profit up 16% YoY to $770M, and Cash App gross profit up 49% YoY to $931M Emily Bary / MarketWatch : MarketWatch 2023-05-05 Emily Bary Square, Emily Bary Related Coverage Q1 2023 Shareholder Letter Block Jack Dorsey's Cash App Posts $2.16B in Bitcoin Revenue for Q1 2023 Decrypt · Andrew Asmakov Block's Cash App Q1 report reveals $2b in BTC revenue crypto.news · Brenda Mary Cash App Bitcoin revenue tops $2 billion in the first quarter Cointelegraph · Tom Mitchelhill Block Books $50 Million in Bitcoin Gross Profit in Q1 2023 Watcher Guru · Lavina Daryanani Square Earnings Top Estimates Amid Cash App Growth Controversy Investor's Business Daily · Reinhardt Krause Dorsey's Block Boosts Full-Year Outlook After Jump in Use of Its Cash App Bloomberg · Jennifer Surane Block beats expectations on revenue, boosting shares Reuters · Hannah Lang Bitcoin sales on Cash App surged to $2.2 billion in Q1, Block says The Block · Michael McSweeney