Conversation

Hey guys please stop calling this "revenue". It's volume. They had $2b of volume, and charged ~2% on it, making around $40m of profit.

theblock.co

Block reports $1.96 billion in bitcoin sales via Cash App during fourth quarter of 2021

Block released its Q4 earnings on Thursday, reporting $1.96 billion in bitcoin sales during the period.

9:39 PM · Feb 24, 2022Twitter Web App

Replying to

Facts

Replying to

dont fud my bags ser 😎

Replying to

🤣🤣🤣 this seems like simple detail to get right.

Replying to

Well revenue and profits are not same thing. They are correct.

Replying to

I traded $200,000 in volume on FTX I made -$180,000 in revenue

Replying to

and

Sounds about right, but at least it’s going to charities of his choosing

Show replies

Replying to

ha you will be excited to see OpenDoor earnings then

Replying to

and

lol

Replying to

Sam is dropping truth bombs.

Replying to

Making around $40m of revenue (not profit).