Block Inc. (NYSE: XYZ) saw its stock price drop over 2% to $72.09 as investors anticipate the company's Q3 2025 earnings report, scheduled for release after U.S. markets close on November 6. Analysts project Block's revenue to reach $6.34 billion with an earnings per share (EPS) of $0.63.
Founded by Jack Dorsey, Block has been a significant player in integrating Bitcoin into its offerings, including Cash App and Bitkey. Dorsey, a prominent Bitcoin advocate, forecasts the cryptocurrency's market cap will surpass $20 trillion by 2030. Currently, Bitcoin is trading at $101,733.83, reflecting a 2.5% decrease today.
Block Shares Decline 2% Ahead of Q3 Earnings Announcement
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