- Protection Fund
  1,000 BTC Protection Fund to safeguard your assets
- Career
  Join WEEX and build the future
- WXT Zone
  Exclusive fee rates and airdrops
- Announcement Center
  Get the latest updates from WEEX
- Elite Trader
  Share strategies and earn rewards
- Crypto Wiki
  Master trading with easy-to-follow guides
- Affiliate
  Unlock exclusive perks and high commissions
- Crypto News
  Keep up with the latest crypto trends
- Official Verification
  Verify the channels you use
- VIP Perks
  Become a WEEX VIP today
- Events Calendar
  Explore WEEX events around the world
Buy Crypto
- Quick Buy
  Buy with bank card, Apple Pay, Google Pay, PIX, or SEPA
- P2P Trading
  Buy crypto with 0 fees
Markets
Futures
- USDT-M Futures
  Perpetual futures settled in USDT
- Demo Trading
  USDT-M futures demo
- About Futures
  Trade with confidence
- Leaderboard
  Current & past leaderboards
Spot
Copy Trade
WE-Launch

Scan to download
More options

US Stock Block Soars Over 11% in After-Hours Trading, Market Cap Reaches $43.5 Billion

By: theblockbeats.news|2025/07/18 22:02:09

BlockBeats News, July 19, after-hours trading, Stock of Block (Ticker: XYZ) surged over 11%, pushing its market value to $43.5 billion.

In earlier news, Jack Dorsey's payment company Block is set to join the S&P 500 index.

Previously reported, on May 3, 2024, Jack Dorsey's payment company Block announced its Bitcoin Dollar-Cost Averaging (DCA) plan. According to the plan, Block will allocate 10% of the monthly gross profit from its Bitcoin Conversions Product to purchase Bitcoin for investment. Data from earlier showed that Block's Bitcoin Conversions Product gross profit in the first quarter was $80 million. If this profit level can be sustained for the remainder of the year, the company under this plan would add another $24 million worth of Bitcoin to its balance sheet.

As of March 31, 2024, Block held 8,038 bitcoins on its balance sheet, representing approximately 9% of Block's total cash, cash equivalents, and marketable securities.

Cantor Equity Partners IV Submits IPO Application

Aether Holdings to Raise $40 Million in Funding, Acquire Bitcoin to Enable Bitcoin Treasury Reserve