Square: Jack Dorsey, Bitcoin And Why We've Entered The Buy Zone

Dec. 01, 2021 1:07 PM ETBlock, Inc. (XYZ) StockBTC-USD, PYPL, XYZ56 Comments
John Rhodes
19.08K Followers

Summary

  • I am more bullish on Square because Jack Dorsey left Twitter.
  • Square is a strong FinTech player and Bitcoin is the pivot point.
  • Jack Dorsey will likely push Square even harder into Bitcoin.
  • Investors who love Bitcoin should look at Square closer now.
  • Square's share price is depressed with the shift from growth to value.

Bitcoin Conference Draws Cryptocurrency Fans To Miami

Joe Raedle/Getty Images News

Why Square?

My regular readers know that I'm a fan of PayPal (PYPL).

I've also closely tracked Visa (V) and Mastercard (MA) over the years. I've recently focused quite a bit on V, and it's

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This article was written by

19.08K Followers
I am an investor, entrepreneur, father, husband, coach and teacher.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of BTC-USD, PYPL, JPM, BAC, WFC, V either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

I may initiate a position in SQ in the next 72 hours depending on market conditions.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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