Jack Dorsey’s Block Draws Analyst Downgrade on Bitcoin Sentiment

Jack Dorsey’s Block Draws Analyst Downgrade on Bitcoin Sentiment


In addition, Dolev noted that bitcoin accounted for only about 5% of gross profit in the first half of 2022, but occupies a far higher percentage of management’s focus. Block’s fixation with bitcoin hurts the stock performance and takes away attention on the company’s larger platforms, Dolev wrote.

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