Why Block Is More Than Just a Bitcoin Play
Bitcoin is only one block in a broad fintech business.The number of companies adding Bitcoin (BTC -1.09%) to their corporate treasuries has soared this year. Block (XYZ -0.34%) ranks 13th in BitcoinTreasuries' list of public companies that hold the top cryptocurrency. But Block, which started adding Bitcoin to its balance sheet in 2020, differs from other businesses on the list. First, its Bitcoin holdings align with its business operations. Second, unlike companies like Strategy, Block isn't raising money ...