[Bitcoin Revenue of Nearly $2 Billion for Jack Dorsey's Block in Q3, Accounting for Nearly One-Third of Total Revenue] According to a report by Jinse Finance, based on the 10-Q filing submitted to the U.S. Securities and Exchange Commission (SEC), financial technology and digital payments giant Block (stock ticker XYZ), founded by Jack Dorsey, achieved $6.11 billion in revenue in the third quarter, with a net profit of $461.5 million. In a letter to shareholders, Dorsey stated: 'Block's gross profit grew 18% year-over-year in the third quarter, with Cash App growing 24% and Square business growing 9%.' According to data from *The Wall Street Journal* and The Block, Block's stock price closed at $70.94, down 3.7%, and further declined 9.6% in after-hours trading to $64.10. Block's Bitcoin business revenue was approximately $1.97 billion, accounting for nearly one-third of total revenue. Although this was lower than the $2.4 billion in the same period last year, it remains the second-largest revenue source after subscription and service revenue.