# Block Cash App Bitcoin fee removal impact

> Live situation record from CLSTR: https://clstr.news/situations/block-cash-app-bitcoin-fee-removal-impact
> Updated: 2026-08-05T20:13:54.000Z. Sources: 9. Developments: 2.

In late July, Block’s Cash App announced it would stop charging transaction fees or spreads on Bitcoin purchases exceeding $2,000, extending the zero‑fee policy to recurring and automatic buys. The change was presented as a major pricing shift for the service.

A week later, Block reported its second‑quarter 2026 earnings. Overall gross profit rose 25% year‑over‑year, driven by a 31% surge in Cash App’s gross profit. However, Bitcoin‑related gross profit fell 31% after the fee cuts, even as transaction volume remained high. The company also noted the rollout of stablecoin payment options and continued reinvestment of a portion of Bitcoin profit back into BTC purchases. The earnings beat expectations, and Block highlighted cost‑cutting measures and AI integration as contributors to stronger margins.

## Timeline

### 2026-08-05: Block raises 2026 profit outlook as Cash App growth offsets Bitcoin profit drop

Block posted Q2 2026 earnings with profit up 25%, raised full‑year gross‑profit forecast to $12.51 bn, cash‑app profit up 31% while Bitcoin profit fell 31% after fee cuts.

9 sources. https://clstr.news/cluster/block-lifts-2026-grossprofit-outlook-on-cash-app-growth-despite-bitcoin-profit-dip

### 2026-07-26: Cash App eliminates fees on Bitcoin purchases over $2,000

Cash App, owned by Block, has removed all fees and spreads on Bitcoin purchases above $2,000 and on all recurring or auto buys, lowering costs for larger and regular buyers.

2 sources. https://clstr.news/cluster/cash-app-eliminates-fees-on-bitcoin-purchases-over-2000

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Cite as: Block Cash App Bitcoin fee removal impact. CLSTR, https://clstr.news/situations/block-cash-app-bitcoin-fee-removal-impact