Block Stock Analysis - Why We Don't Like SQ Stock
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Block stock.. err... Square stock or SQ stock isn't anything we'd consider investing in for any number of reasons. Firstly, we never agreed with how Block decided to include bitcoins bought or sold to their customer base as "revenues" (the 2% gross margin should be a clue to how inappropriate this is). We don't like how Cash App can be…
The skinny
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