Comment by QGQBGdeZREunxLe
14 hours ago
We know they're not...
> In its fiscal fourth quarter, Block reported revenue of almost $6.3bn, in line with Wall Street expectations. Its earnings tumbled to 19 cents a share, owing to a $234mn hit — or 38 cents a share — on its bitcoin holdings.
Yea, look over there!!! AI.
(Don’t mention the bitcoin investment that’s in the shitter)
The bitcoin investment had 2/3/4x'd at that point - so the negative 75% means the business is the shitter.