{
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001122334455554433221100
001122334455554433221100

block stock sees significant institutional investment and mixed analyst ratings

SouthState Corp now holds 391 shares of Block valued at $26,000 after acquiring 180 additional shares. True Wealth Design LLC increased its stake by 64.7%, owning 494 shares worth $33,000, while Versant Capital Management Inc raised its position by 67.7% to 394 shares valued at $33,000. MassMutual Private Wealth & Trust FSB boosted its holdings by 48.2% to 418 shares worth $36,000, and Morton Brown Family Wealth LLC entered with a new position valued at $67,000. Institutional investors own 70.44% of Block, which has a current average rating of "Moderate Buy" and a price target of $96.31.
MarketBeat
USA Amrita Ahuja
Finance & Economy, Market Report
08:23 25.02.2025

jack dorsey scales back crypto plans as block shifts focus to lending

Jack Dorsey is scaling back his crypto ambitions at Block, previously focused on decentralized financial services and Web5. The company is winding down its TBD efforts while maintaining a significant bitcoin investment and exploring bitcoin mining and wallet initiatives. Amidst a challenging market and declining stock value, Dorsey has shifted focus to lending products, notably the buy now, pay later service from Afterpay, without mentioning crypto in his recent communications.
CNBC
Afterpay Ltd. Portsmouth Square, Inc. Block, Inc. Twitter Inc. USA Amrita Ahuja Jack Dorsey Jay-Z Show more
Finance & Economy, Market Report
22:18 08.11.2024
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