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Market Cap:
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Bitcoin Bitcoin Share: 58.49%
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CoinGape
2022-09-22 16:04:42

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

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

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. Block Downgraded by Mizuho Analyst Due The post Jack Dorsey’s Block Next In Downgraded List Amid Bitcoin Downfall appeared first on CoinGape.

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