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Block's financial report is impressive, with a 14% increase in gross profit and an additional 108 BTC in holdings.
On August 8, according to data from the data platform, a certain payment platform Block Inc (XYZ) in the US stock market has risen by over 9%, with the current stock price reported at 83.86 USD.
According to the latest quarterly financial report disclosed on Thursday, Block achieved a gross profit of $2.54 billion in the second quarter, a year-on-year increase of 14%. Block increased its holdings by 108 BTC, bringing its total holdings to 8,692 BTC.