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Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Thursday, January 5, 2023

Block, Formerly Square Valuation

 


Block Inc, the fin-tech company, formerly called Square Inc is valued at 39.00 billion USD at the New York Stock Exchange, where Block is listed.

I estimate the intrinsic value of Block is around 100 billion USD.

Block's stock price has been unduly punished both relative to the DJIA and the Nasdaq Composite due to Block's recent investments in Bitcoin. Square Inc changed its name to Block Inc to reflect the founder's Jack Dorsey new strategic direction to Bitcoin, nowadays' main fin-tech.


Block makes almost 20 billion USD in revenue on a rolling yearly basis and this, among other factors is why I think Block is worth significantly more, also because of its focus on crypto.

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