B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Aging
21,000,000
21,000,000 -- cumulative users using bitcoin for Block Cash App (Q1 2024)
Over 21 million Cash App users have used Bitcoin.
- The source notes 'over 21 million' users rather than an exact figure of 21,000,000.
Attribution:
View source
Lighthouse Research Team
Last verified:
·
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Source verified
Evidence graded
Value
21,000,000
Unit
Count
Data Vintage
Q1 2024
Entity
Geography
US
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
95
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
Block (SQ)
Primary
Tier A
https://www.blockhead.co/2024/05/03/blocks-q1-earnings-show-continued-bitcoin-belief-with-dollar-cos… ↗
Source Article
Block's (SQ) Q1 Earnings Show Continued Bitcoin Belief
Table of Contents
Block (SQ), the payments company led by Jack Dorsey, released its first-quarter 2024 earnings yesterday, reporting a gross profit of $2.09 billion, up 22% year over year, and consistent with the fourth quarter. SQ's adjusted EBITDA was $705 million, or almost double year over year,…
Original Research
Block (SQ)
· Original study ↗
Methodology
Company earnings report / shareholder letter disclosure
Methodology documented
Segmentation
IndustryFinTech
Company SizeEnterprise
RegionUS
Cite this stat
Plain Text
Block Cash App: 21,000,000 cumulative users using bitcoin. Source: Block (SQ) (Q1 2024). Via Lighthouse Intelligence -- https://lighthousedata.io/data/cash-app-bitcoin-users-2024
HTML Embed
<blockquote cite="https://lighthousedata.io/data/cash-app-bitcoin-users-2024" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>21,000,000</strong> -- cumulative users using bitcoin for Block Cash App<br><small>Source: Block (SQ) (Q1 2024) · <a href="https://lighthousedata.io/data/cash-app-bitcoin-users-2024" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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