Last week, we shared our first quarter 2024 earnings which featured strong performance across our Cash App and Square ecosystems and increased gross profit and profitability expectations for the remainder of the year. In addition, each month going forward we’ll be investing 10% of our gross profit from bitcoin products into bitcoin purchases. We are open sourcing our treasury blueprint so that other companies can do the same. For a full earnings recap, visit investors.block.xyz.
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What an incredible week at RenderATL (Render Atlanta)! We had a blast hanging with you all at the Square Block Party, Cash App After Hours, Breakfast Around the Block, conference talks, workshops, and dancing to live beats from our TIDAL DJs. Thanks to everyone who joined us for three unforgettable days of connection, learning, and celebration. Catch you at the next #RenderATL.
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We’re excited to be back at RenderATL (Render Atlanta) next week! Join us from June 12 - 14 in Downtown Atlanta for three days shaping the future of technology and culture. Don’t miss the Square Block Party, Cash App After Hours, Breakfast Around the Block, and live DJs from TIDAL. Catch talks from our team, including Angie Jones, Amber Hazeley, Kia Richards, Oseyi Ikuenobe, Ashley Blackmon, Rizel Scarlett and Martin Guerrero. Come connect, learn, and raise a glass with us. See you at #RenderATL 🍑
Render 2024 | June 12 - 14, 2024
renderatl.com
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We're proud to be included on this year's #Fortune500 list!
“When the paradigm shifts, do you have something to contribute? Because there is no God-given right to exist if you don’t have anything relevant.” For our latest cover story, Microsoft CEO Satya Nadella spoke to Jeremy Kahn about the AI arms race. Read the cover story here: bit.ly/3QV0yHU
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Congratulations to our COO + CFO Amrita Ahuja who was named to Bloomberg News’ Ones to Watch list! Recognized for her significant impact in helping drive Block’s growth at scale over the years, we’re proud to have Amrita as one of our company’s key leaders as we continue to advance economic empowerment.
Ones to Watch in Finance, Investing, Private Equity, Hedge Funds
bloomberg.com
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Block partners with nonprofit organizations around the world, including in Canada 🇨🇦 For our latest edition of our Partner Profiles interview series, we talked with one of our partner orgs in Ottawa, the ADAAWE HUB, a NACCA initiative. The hub serves as a community workspace and resource center for Indigenous entrepreneurs, providing access to important tools and support. Read our interview with Zachary Pashe and Magnolia Perron, who lead operations and programming for ADAAWE ➡ https://block.xyz/news
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Removing carbon and reducing emissions are year-round priorities. Read more about our climate action efforts in our 2023 CSR Report ➡ https://block.xyz/csr/2023
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Now showing at Uptown Market: Timothy B.’s new mural celebrating the cultural influence of Oakland’s Black community. It’s another beautiful piece from the Bay Area Mural Program, which curates all the art on display in our Oakland Community Hub. Read more about the Hub and the opening of Uptown Market in our 2023 CSR Report ➡ https://block.xyz/csr/2023
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What do a fuzzy orange costume, a loaf of bread, and basketball have in common? They’re all ways that Block supported financial and bitcoin education in 2023. Read our 2023 CSR Report to learn more ➡ https://block.xyz/csr/2023
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From the next big names in retail to aspiring artists and women-owned microbusinesses, Block supported dreamers and doers — aka entrepreneurs — with resources, opportunities, and mentorship in 2023. Read our 2023 CSR Report to learn more ➡ https://block.xyz/csr/2023
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