Am I missing something, or does the market just not appreciate that $SQ benefits from BTC wave revenue the same way as $COIN? Not to the same extent, but definitely quite a bit? In the previous bull market both of these stocks were ticking higher going into bubble territory, so what has changed this time around? $COIN is up almost 200% over last 6 months, whereas $SQ is being totally ignored as a crypto player? It says Block in its name! It's known for commerce/POS of course, but Cash App is a major competitor to Coinbase app? And Cash App seems their main focus, per previous earnings call.
I own $SQ, and interested in increasing my potision. As far as I can tell, if it benefits from BTC trading revenue like the last bull run, the stock will likely rocket after next quarterly results. Thoughts?
