Potential investors in Square’s parent block may stumble upon its bitcoin bets. But they don’t have to.
With the market turning against loss-making companies, the onus is on the once high-growth stocks to show a clear path to big profits. Block, the operator of both Square and Cash App, has the pieces to make a compelling case. Block’s Consumer Cash app is adding up fast, even if user or e-commerce growth is slow. ways to earn To help its existing users through additional financial services, as well as promote their Square seller business. Instead of adding even more users, this type of Revenue Expansion Per User What investors are looking for now in many fintech companiess, from PayPal to Robinhood Markets.