Block is a global technology company with a focus on financial services. Formerly known as Square, it is still led by Jack Dorsey, former CEO of Twitter. Learn the latest information and analysis on the company, SQ stock price today, history, stock news, how much one share costs and other information to help you make investment decisions. Check out the Gainy app to see how much the price has changed recently as well as insights on stock prices and more.
The company changed its name to Block in December 2021 to disconnect from its payment service Square, which will keep its name. The company’s initiative Square Crypto, aimed at popularizing bitcoin, has been renamed to Spiral. The company also owns Cash App, and the music streaming service TIDAL.
The company recently announced its plans to develop mining hardware for bitcoin due to the popularity of crypto payments. Analysts disagree on whether this stock is a buy due to the company’s new direction and potential for future growth or a sell because it’s too risky and overpriced, but either way it’s one of the most interesting cryptocurrency stocks to watch.
The Block stock price has been falling steadily since fall 2021, which makes it a good buy for those who believe in the company’s future.