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Bitcoin Archive· 2025-10-10 18:11
What's your favorite Bitcoin hardware wallet? 🤔 ...
1 Super Reason Block (XYZ) Stock Could Soar in 10 Years
Yahoo Finance· 2025-10-09 09:58
Core Insights - Block (NYSE: XYZ) is experiencing significant growth in its two main segments, Square and Cash App, both of which focus on delivering an exceptional user experience and are achieving double-digit gross profit growth [1] Financial Performance - Despite the strong performance in its segments, Block's share price has declined by 72% from its all-time high as of October 6, indicating market skepticism about the business [2] Leadership and Vision - Jack Dorsey, co-founder and CEO of Block, has increasingly focused on Bitcoin, believing it to be a crucial development for the internet as a native currency, describing it as "changing absolutely everything" [4] Bitcoin Initiatives - Block is actively involved in various Bitcoin-related projects, including enabling crypto trading on Cash App, allowing Square merchants to accept Bitcoin, selling Bitcoin hardware wallets, and holding Bitcoin on its balance sheet [5] Future Potential - If Bitcoin's price continues to rise and Block successfully innovates and gains adoption in the cryptocurrency space, the company's stock could perform well over the next decade, although the outcome remains uncertain [5][7]