Jack Dorsey’s Block Next In Downgraded List Amid Bitcoin Downfall

Read full article at Coingape.

Jack Dorsey’s payment firm Block enters the list of Bitcoin-related firms facing downgrades. Investment bank Mizuho on Thursday downgraded Block from “buy” to “neutral” as management sets a significant focus on Bitcoin despite contributing less than 5% of Block’s gross profit. Recently, several firms including MicroStrategy, Coinbase, and Robinhood faced… Read more

This article is strictly for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. CryptosOnline.com does not provide investment, tax, legal, business or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any loss or damage caused or alleged to be caused by, or in connection with, the use of or reliance on any content, goods, services or opinions mentioned in this article.

#Bitcoin #Crypto #Cryptocurrency