Block, Inc. (XYZ): A Bull Case Theory 

We came across a bullish thesis on Block, Inc. on Ye’s Substack by Ye Ye. In this article, we will summarize the bulls’ thesis on XYZ. Block, Inc.'s share was trading at $66.80 as of November 28th. XYZ’s trailing and forward P/E were 13.44 and 20.00 respectively according to Yahoo Finance.

Block, Inc. (XYZ) operates a differentiated fintech ecosystem connecting merchants, consumers, and alternative credit through its Square, Cash App, and Afterpay platforms, with optionality from Bitcoin infrastructure. Unlike peers such as PayPal, Stripe, or Affirm, Block integrates...