Block's Australia-listed shares rebound on Bitcoin recovery

Block's Australia-listed shares rebound on Bitcoin recovery

** ASX-listed shares of Block soars as much as 11.8% to A$85.920; marks biggest intraday pct gain since February 2024** Bitcoin-based revenue makes up ~40% of technology co's top line** Bitcoin stabilises on the day after plunging to five-month low on Monday, while investors await further clues on the global economy's trajectory amid an escalating trade war** XYZ last up 10.8%, trimming YTD losses to 39.6%

Reuters