July 6, 2022, 4:32PM EDT
• 14 min read
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Quick Take
- Founded in 2009 as Square, Block was initially a Point-of-Sale (PoS) payment processing business for small and medium sized businesses
- Currently trades $63.90 per share at a ~$38.6bn EV and ~$38.9bn Fully Diluted Market Capitalization after its Nov-15 IPO at a $2.9bn valuation
- The company has supported various initiatives to move towards a more Crypto related business through various technological integrations and development of Pro-Bitcoin software in a variety of their products
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