Block’s bitcoin gross profit falls 31% after Cash App fee cuts as shares reverse initial gains

AI Summary Block raised its 2026 gross profit forecast to $12.51 billion after posting record adjusted operating income. fulltext: 109 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.theblock.co/post/410923/blocks-bitcoin-gross-profit-falls-31-cash-app-fee-cuts-shares-reverse-initial-gains?utm_source=rss&utm_medium=rss Source: The Block