The financial sector is releasing quarterly earnings reports, which include updates on the state of cryptocurrency adoption. Despite some companies feeling the effects of the crypto winter, even those with other priorities are finding success through crypto adoption, such as MicroStrategy. Block, formerly known as Square, reported an increase in revenues and earnings per share, despite doubts fueled by a report from Hindenburg Research. Bitcoin sales on Block's CashApp product played an important role in the company's financial success this quarter, indicating increasing adoption rates for the general public.