Block

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.

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

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.

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

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

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

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

Having access to the right financial tools is key to economic empowerment. In 2023, Square, Cash App, and Afterpay gave more people and businesses options for managing their money with services like checking, savings, loans, and buy now, pay later (BNPL). These tools can have a profound economic impact, giving people greater control over financial essentials like managing cash flow, setting aside savings, and accessing an alternative to high-interest credit card debt. Read our 2023 CSR Report to learn more ➡ https://block.xyz/csr/2023 All metrics from Block internal data as of year-end 12/31/2023.

Our 2023 CSR Report just landed. This year’s report gives a transparent look into our progress and commitments to supporting our customers, communities, climate action, and employees. http://block.xyz/csr/2023

“Since I’ve seen you last, this has got to be the most exciting time I can recall for Block.” - Jim Cramer Last week, our COO + CFO Amrita Ahuja joined CNBC’s Mad Money to discuss our recent growth and 2024 outlook, the drivers behind our Square business, how we’re integrating Afterpay into our Cash App ecosystem to reach even more customers, and much more. Read more and check out the full clip here ⤵