To The Moon

$Block(SQ)$, formerly known as Square, was created by Twitter$Twitter(TWTR)$Founded by co-founder Jack Dorsey, it was originally a payment company selling POS machine services, and its revenue mainly came from offline merchants. In recent years, the company has turned to online payment, blockchain, bitcoin and other technologies, and launched a powerful Cash App, which, in addition to traditional payment functions, also includes bitcoin transactions, stock transactions, and bonded services. The active number of Cash App has grown rapidly, more than doubling in 2021, and currently has more than 70 million people. In December last year, Dorsey resigned as CEO of Twitter and announced that Square would be renamed Block Inc, which means: Square will ALL In blockchain and other new technologies, while Dorsey will put all his energy into Block. Institutions on Wall Street believe that the continued development of Cash App, the core product of Block, will further disrupt the market position of traditional brokers and banks, and even subvert them. So,Block is seen by investors as a true growth technology company. Block itself also holds a large amount of Bitcoin assets, so its stock price will also be affected by the Bitcoin market. In recent months, Block's share price has fallen by more than 60% from its highs due to the weakening of Bitcoin and the increase in interest rates: But recently, Block has shown obvious support around US $100. Institutions have also given "buy" ratings. The target price is generally above US $200, and the increase space reaches 100%: BTIG: Buy rating, target price of $230; Mizuho: Buy rating, target price of $210; Keybanc: Overweight rating, target price of $225; Jefferies: Buy rating, target price of $200. ...... Finally, let's talk: Do you think you can buy now Block (SQ)? Wonderful message users can get 888 community points! $Alibaba(BABA)$