According to Foresight News, Jack Dorsey's payment company Block released its second-quarter financial report, with total net revenue reaching $6.16 billion this quarter, an increase of 11% compared with the same period in 2023. Among them, Bitcoin revenue exceeded $2.61 billion, and non-Bitcoin revenue was $3.54 billion, a year-on-year increase of 13%. Block's Cash App generated $4.13 billion in revenue this quarter. Revenue outside of Bitcoin transactions was $1.52 billion. It generated $67 million in Bitcoin gross profit in the second quarter, an increase of 52% over the same period last year. Block's total gross profit margin increased by 20% in a year to $2.23 billion.