Block, Inc. shares soared almost 9% on Wednesday after revealing plans to achieve $15.8 billion in gross profit by 2028 and announcing a $5 billion share repurchase, underscoring confidence in continued profitability.

The three-year outlook, launched at the 2025 Investor Day, marks a strategic shift for the Jack Dorsey-led company. Block is moving beyond its core point-of-sale operation into consumer services, artificial intelligence tools, and Bitcoin infrastructure.

Comprehensive Financial Targets Reflect Transformation

Block mapped out a roadmap targeting mid-teens percentage gross profit growth annually through 2028. The company expects adjusted operating income to rise about 30% per year, reaching $4.6 billion by 2028. Adjusted earnings per share are projected to grow by more than 30% each year, reaching $5.50 in 2028.

The event featured a rare appearance by CEO Jack Dorsey. The stock had dropped 30% earlier in 2025 due to competition in payments. However, the trading halt and subsequent announcement quickly reversed that decline.

For fiscal year 2026, Block projects gross profit rising 17% to nearly $12 billion. Adjusted operating income and earnings per share are each expected to climb by more than 30%, reaching $2.7 billion and $3.20, respectively. The new non-GAAP cash flow metric, which accounts for capital needs in lending, is forecast to get 25% of gross profit—more than $4 billion—by 2028.

Block aims to achieve the “Rule of 40” benchmark in 2026 and sustain it through 2028. This performance measure, combining revenue growth and profit margin over 40%, is a key target for software and fintech firms. Block’s official release emphasized efficiency, scale, and product innovation in its financial networks.

The expanded buyback program adds $5 billion to the $1.1 billion remaining from a previous authorization. In total, Block now has about $6.1 billion available for share repurchases, signaling confidence in cash generation.

Recent Performance Lays Out Growth Platform

Block reported mixed Q3 results, with earnings and revenue slightly missing analyst expectations. However, gross profit rose 18.3%, driven primarily by Cash App’s 24.3% increase. Square also contributed with a 9.2% gain in gross profit.

Cash App remained Block’s growth engine. Monthly active users reached 58 million, with profit per user rising 25.3%. Gross Payment Volume grew 10.9% year-over-year.

Subscription and services revenue increased 22.6%, indicating healthy recurring income streams. Bitcoin-related revenue, however, fell 19%. Despite this, Block maintains strong liquidity with ample cash reserves against manageable debt levels.

Management noted that since 2022’s investor day, gross profit has nearly doubled and adjusted EBITDA has tripled. The company now runs 26 products generating over $100 million in annual gross profit, showing healthy diversification across its portfolio.

Strategic Initiatives Broaden Block’s Reach

Block’s expansion plan includes ventures in tech and finance beyond payment processing. Its brands include Square, Cash App, Afterpay (buy-now-pay-later), TIDAL (music streaming), Bitkey (Bitcoin wallets), and Proto (Bitcoin mining products).

In October, Square launched Square Bitcoin, enabling over 4 million US merchants to accept and manage Bitcoin through existing Square systems. Merchants can accept Bitcoin at checkout, convert up to 50% of daily sales, and manage holdings on the Square Dashboard.

The Bitcoin payment program began with zero transaction fees for 1 year, starting November 10, 2025. The rollout covers all US states except New York due to regulatory limits. The 2024 pilot saw merchants accumulate 142 BTC, indicating strong interest in BNB and other cryptocurrencies among retailers.

The company is deploying artificial intelligence tools for merchants and expanding Cash App’s financial services. Management stressed technical unification and efficiency across the ecosystem. These efforts aim to reduce reliance on the core point-of-sale business, where competition from PayPal, Stripe, and traditional processors has grown.

COO and CFO Amrita Ahuja underscored Block’s focus on scale and long-term value. Leadership voiced confidence in innovation and investment as drivers of compounding growth and margin expansion through 2028.

10 years ago today we IPO’d…we’ve always been about the neighborhood. https://t.co/0Hq4e0QM2L pic.twitter.com/DQDotT0DOZ

— Block Investor Relations (@BlockIR) November 20, 2025

Over its 10-year journey since its 2015 IPO, Block has transformed from a card reader provider into a diversified fintech giant. The November 19 announcements seek to chart a clear path as the company matures in core markets and pursues growth in cryptocurrency infrastructure and AI-driven services.

The post Block Announces $5B Buyback and 30% Annual Growth Goal in Bold Three-Year Strategy appeared first on BeInCrypto.

Nvidia surprised markets by posting fiscal third-quarter revenue of $57.01 billion, beating Wall Street estimates by almost $2 billion.

Meanwhile, Bitcoin rebounded above $91,000 after briefly dipping below $89,000, as analysts attributed much of the crypto market’s decline to growing concerns about a potential AI bubble.

Nvidia Smashes Wall Street Targets During Volatility

The chip giant reported $1.30 earnings per share and revenue of $57.01 billion for its fiscal third quarter, outperforming estimates of $1.26 EPS and $55.2 billion in revenue. Its data center business, which enables AI applications, contributed $51.2 billion—showing a sharp rise from previous periods.

CEO Jensen Huang noted ongoing strong demand for the company’s Blackwell chip architecture and cloud GPUs, reporting that products remain sold out. Nvidia’s forward guidance was also robust, with projected fiscal fourth-quarter revenue of $65 billion—beating analyst forecasts of $62 billion.

CFO Colette Kress pointed to another driver behind the firm’s results: CUDA-powered accelerators are extending hardware lifespans, boosting customer value, and solidifying Nvidia’s competitive edge in AI infrastructure. While the gaming unit drew $4.3 billion in revenue—slightly under expectations—it still delivered solid returns.

Nvidia’s market value recently surpassed $5 trillion, reinforcing its status as the world’s most valuable company. The stock has climbed 37% year-to-date and 25% over the last 12 months. Shares surged 5% following the earnings report, while chipmakers like AMD and Micron also rode the AI wave.

Bitcoin Rebounds as AI Investment Sentiment Returns

Bitcoin recovered on Thursday morning in Asia, jumping above $91,000 after testing lows below $89,000. The quick rebound implies some investors view current prices as entry opportunities despite uncertainty.

Major investors have recently shown caution toward AI stocks. Peter Thiel exited a $100 million stake in Nvidia. SoftBank sold about $5.8 billion in shares. These moves sparked debate over whether AI-driven rallies can last.

Regulators have also flagged risks. The Bank of England warned of systemic threats from widespread AI use in finance. The IMF cited bubble risks in its global stability assessments.

A Bank of America survey found 45% of fund managers see an AI bubble as the most significant market threat. Google CEO Sundar Pichai and JP Morgan’s Daniel Pinto warned of “irrationality”. Klarna’s CEO expressed concern over massive data center investments driven by AI demand.

However, Nvidia’s Q3 results revived AI investment sentiment. Nvidia defended its business model during its earnings call, while the data center’s accounting methods had been questioned. The strong results proved AI demand remains robust despite skepticism. Bitcoin prices also appeared to benefit from the renewed optimism.

Risk Correlations Deepen Across Crypto and Equities

Recent market turmoil has shown an increased correlation between cryptocurrencies and traditional risk assets. Bitcoin’s decline has mirrored declines across major stock indices such as the S&P 500, Nikkei 225, Hang Seng, and Stoxx Europe 600. Crypto-linked stocks are now more often seen as closely tied to the global risk environment.

Gold, usually considered a haven, also fell amid uncertainty. Rising US interest rates and reduced hopes for near-term Federal Reserve rate cuts have pressured both gold and cryptocurrencies. The global crypto market lost over $1 trillion in value over the last six weeks, losing a quarter of its value since October.

Technical outlooks on Bitcoin remain split. Some analysts interpret current trading as re-accumulation—long-term investors buying at lower prices. Others argue that buyer fatigue signals a possible deeper correction ahead.

Nvidia’s robust results offer some reassurance to investors amid concerns about a bubble. However, whether this can restore wider market confidence or prove to be an outlier remains uncertain as investors navigate complex signals around technology valuations and the economic outlook.

The post Nvidia Posts $57B Record Revenue Pushing Bitcoin Above $91K appeared first on BeInCrypto.

Saham Block, Inc. melonjak hampir 9% pada hari Rabu setelah mengumumkan rencana untuk mencapai profit kotor US$15,8 miliar pada tahun 2028 serta mengumumkan pembelian kembali saham senilai US$5 miliar, menandakan kepercayaan pada profitabilitas yang berkelanjutan.

Pandangan tiga tahun ini diperkenalkan pada Hari Investor 2025, menandai pergeseran strategi untuk perusahaan yang dipimpin oleh Jack Dorsey ini. Block bergerak melampaui operasi inti point-of-sale ke layanan konsumen, alat kecerdasan buatan, dan infrastruktur Bitcoin.

Target Keuangan Menyeluruh Cerminkan Transformasi

Block merancang roadmap yang menargetkan pertumbuhan laba kotor persen ganda setiap tahunnya hingga 2028. Perusahaan memperkirakan pendapatan operasional yang disesuaikan naik sekitar 30% per tahun, mencapai US$4,6 miliar pada tahun 2028. Laba per saham yang disesuaikan diproyeksikan tumbuh lebih dari 30% setiap tahunnya, mencapai US$5,50 pada tahun 2028.

Acara ini menampilkan penampilan langka dari CEO Jack Dorsey. Saham telah turun 30% pada awal tahun 2025 karena persaingan dalam pembayaran. Namun, penghentian perdagangan dan pengumuman berikutnya dengan cepat membalikkan penurunan tersebut.

Untuk tahun fiskal 2026, Block memproyeksikan laba kotor naik 17% menjadi hampir US$12 miliar. Pendapatan operasional yang disesuaikan dan laba per saham masing-masing diperkirakan naik lebih dari 30%, mencapai US$2,7 miliar dan US$3,20. Metrik arus kas non-GAAP baru, yang memperhitungkan kebutuhan modal dalam pinjaman, diprediksi mencapai 25% dari laba kotor—lebih dari US$4 miliar—pada tahun 2028.

Block bertujuan mencapai pencapaian “Rule of 40” pada 2026 dan mempertahankannya hingga 2028. Ukuran kinerja ini, menggabungkan pertumbuhan pendapatan dan margin laba lebih dari 40%, adalah target utama bagi perusahaan perangkat lunak dan fintech. Rilis resmi Block menekankan efisiensi, skala, dan inovasi produk dalam jaringan keuangannya.

Program pembelian kembali yang diperluas menambah US$5 miliar ke US$1,1 miliar yang tersisa dari otorisasi sebelumnya. Secara total, Block sekarang memiliki sekitar US$6,1 miliar untuk pembelian kembali saham, menandakan kepercayaan pada generasi kas.

Performa Terbaru Menjelaskan Platform Pertumbuhan

Block melaporkan hasil kuartal ketiga yang beragam, dengan laba dan pendapatan sedikit meleset dari ekspektasi analis. Namun, laba kotor naik 18,3%, yang didorong terutama oleh peningkatan 24,3% dari Cash App. Square juga memberikan kontribusi dengan kenaikan laba kotor 9,2%.

Cash App tetap menjadi mesin pertumbuhan Block. Pengguna aktif bulanan mencapai 58 juta, dengan laba per pengguna naik 25,3%. Volume Pembayaran Bruto tumbuh 10,9% secara tahunan.

Pendapatan berlangganan dan layanan meningkat 22,6%, menunjukkan aliran pendapatan berulang yang sehat. Namun, pendapatan terkait Bitcoin turun 19%. Meskipun demikian, Block mempertahankan likuiditas yang kuat dengan cadangan kas yang memadai terhadap tingkat utang yang dapat dikelola.

Manajemen menyebutkan bahwa sejak hari investor 2022, laba kotor hampir dua kali lipat dan EBITDA yang disesuaikan tiga kali lipat. Saat ini perusahaan mengoperasikan 26 produk yang menghasilkan lebih dari US$100 juta dalam laba kotor tahunan, menunjukkan diversifikasi yang sehat di seluruh portofolionya.

Inisiatif Strategis Meluaskan Jangkauan Block

Rencana ekspansi Block mencakup usaha dalam teknologi dan keuangan di luar pemrosesan pembayaran. Merek-mereknya termasuk Square, Cash App, Afterpay (bayar kemudia), TIDAL (streaming musik), Bitkey (Bitcoin wallet), dan Proto (produk penambangan Bitcoin).

Pada bulan Oktober, Square meluncurkan Square Bitcoin, memungkinkan lebih dari 4 juta pedagang AS untuk menerima dan mengelola Bitcoin melalui sistem Square yang ada. Pedagang dapat menerima Bitcoin saat checkout, mengonversi hingga 50% dari penjualan harian, dan mengelola aset di Dashboard Square.

Program pembayaran Bitcoin dimulai dengan biaya transaksi nol selama 1 tahun, mulai 10 November 2025. Peluncuran ini mencakup semua negara bagian AS kecuali New York karena batasan regulasi. Proyek percontohan 2024 memperlihatkan pedagang mengakumulasi 142 BTC, menunjukkan minat yang kuat terhadap BNB dan aset kripto lainnya di kalangan pengecer.

Perusahaan menerapkan alat kecerdasan buatan untuk pedagang dan memperluas layanan keuangan Cash App. Manajemen menekankan unifikasi teknis dan efisiensi di seluruh ekosistem. Upaya ini bertujuan untuk mengurangi ketergantungan pada bisnis inti point-of-sale, dengan persaingan dari PayPal, Stripe, dan pemroses tradisional yang meningkat.

COO dan CFO Amrita Ahuja menekankan fokus Block pada skala dan nilai jangka panjang. Kepemimpinan menyatakan keyakinan pada inovasi dan investasi sebagai pendorong pertumbuhan dan perluasan margin yang terus bertambah hingga 2028.

10 years ago today we IPO’d…we’ve always been about the neighborhood. https://t.co/0Hq4e0QM2L pic.twitter.com/DQDotT0DOZ

— Block Investor Relations (@BlockIR) November 20, 2025

Selama 10 tahun perjalanannya sejak IPO tahun 2015, Block telah bertransformasi dari penyedia pembaca kartu menjadi raksasa fintech terdiversifikasi. Pengumuman 19 November bertujuan untuk menyusun jalur yang jelas saat perusahaan matang di pasar inti dan mengejar pertumbuhan dalam infrastruktur cryptocurrency dan layanan berbasis AI.