1 Reason to Buy Block (XYZ)
Key Takeaways
This innovative financial services enterprise is pushing further into uncharted waters.
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Quick insights and key information
2 min read
Estimated completion
cryptocurrency
Article classification
July 28, 2025
07:20 AM
The Motley Fool
Original publisher
The re indicates that Block (XYZ 1. 17%) was once a top-performing stock (fascinating analysis)
In the five years leading up to its peak price in August 2021, s had soared an astonishing 2,430%, in today's financial world
In contrast, Growth was robust, and the market had an affinity toward the
Additionally, These days, Block's expansion has slowed down noticeably
And this fin stock currently trades 71, in this volatile climate
Additionally, 7% below its record (as of July 24)
Additionally, That disappointing performance can drive investors away
Moreover, However, it doesn't take much to maintain a positive outlook
Here's one reason to buy Block s today
On the other hand, Image source: Block
Nevertheless, Betting on Bitcoin's rise Block is known for its Square and Cash App segments, which cater to merchants and consumers, respectively, with various ducts and services that help them manage finances
But it's the company's foray into Bitcoin (BTC 0, considering recent developments
On the other hand, 32%) jects that is one important reason investors should consider buying the stock
According to bitcointreasuries, given the current landscape
Meanwhile, Net, Block directly owns 8,585 units of Bitcoin, with the first purchase occurring in October 2020
Furthermore, In 2021, co-founder and CEO Jack Dorsey revealed his view of Bitcoin
Furthermore, "I don't think there is anything more important in my lifetime to work on," he said at a conference that year (noteworthy indeed), considering recent developments
Block now focuses more of its efforts on boosting Bitcoin's adoption, considering recent developments
For instance, the company has developed and sells Bitkey, a Bitcoin hardware wallet, in over 90 countries (remarkable data)
Moreover, Meanwhile, And to is Block's suite of Bitcoin mining equipment
Moreover, This's in addition to Cash App allowing its users to buy, sell, and hold Bitcoin
What's more, Square merchants can now accept payment in Bitcoin (an important development)
These developments are exciting if you're optimistic Bitcoin
However, Additionally, To be, though, investors who aren't bullish on Bitcoin bably should avoid buying this stock, given the current landscape
While Bitcoin isn't a meaningful contributor to the company's financial performance now, there's no question that it's taking up management's time and attention (which is quite significant), amid market uncertainty
And years down the road, Block's performance could be more heavily influenced by the success of Bitcoin (noteworthy indeed), in today's market environment.
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