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May 9, 2026

Block Reports $308.7 Million Net Loss Despite Beating Adjusted Profit Expectations

Block (formerly Square) posted a $308.7 million net loss for Q1 2026 but beat Wall Street's adjusted profit expectations and raised its full-year gross profit forecast, sending shares up nearly 8% after hours.

May 9, 2026·2 sources
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May 8, 2026

Ethereum Tokenized U.S. Treasuries Hit $8 Billion All-Time High

Tokenized U.S. Treasury products on Ethereum reached an all-time high of $8 billion in May 2026, doubling in just six months as Wall Street institutions expand on-chain treasury infrastructure.

May 8, 2026·3 sources
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Coinbase Reports Q1 2026 Revenue of $1.41 Billion, Missing Estimates as Trading Volumes Decline

Coinbase reported first quarter 2026 revenue of $1.41 billion, a 31% decline that missed Wall Street analyst estimates as crypto trading volumes slumped despite the company achieving record market share.

May 8, 2026·2 sources
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May 4, 2026

Depository Trust & Clearing Corporation Sets July Pilot for Tokenized Securities Platform

DTCC announced a July 2026 pilot program and October 2026 launch for tokenized securities trading infrastructure, marking Wall Street's move toward blockchain-based settlement systems.

May 4, 2026·1 source
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Strategy Pauses Weekly Bitcoin Purchases Ahead of Q1 Earnings Report

Michael Saylor announced Strategy (formerly MicroStrategy) will pause its weekly Bitcoin buying program before Tuesday's Q1 earnings release, with Wall Street expecting an $18.98 loss per share. The company plans to resume purchases next week.

May 4, 2026·3 sources
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Top claims

  • ▪Block Inc shares ended regular trading at $70.14 on the NYSE on May 8, 2026, down 0.97%
  • ▪Block Inc's previous full-year 2026 gross profit forecast was $12.20 billion
  • ▪Block Inc expects $12.33 billion in full-year gross profit for 2026

People involved

Michael Saylor

Subtopics

Institutional crypto adoption4Bitcoin2Bitcoin adoption2Crypto markets2Tokenization2Tokenized securities2Bitcoin market analysis1Blockchain technology1Corporate Bitcoin strategy1Corporate earnings1Crypto exchanges1Crypto market liquidity1DeFi1DTCC (Depository Trust & Clearing Corporation)1Ethereum1Securities vs. commodities1Tokenized equities1

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