Posted 3/18/2024, 8:11:27 PM
Top Mutual Funds Bet on Block's Bitcoin and Fintech Growth Story
- Block (formerly Square) has transformed into a major fintech, blockchain, and bitcoin company
- Top mutual funds have been buying up Block stock
- Block is forecasted to see strong earnings growth over the next 4 quarters, up to 102%
- Block stock recently rebounded into buy range after some post-earnings volatility
- Block's subsidiaries like Cash App, Afterpay, and new bitcoin wallet Bitkey are expanding partnerships and offerings
