Block (XYZ) Bitcoin Strategy Could Boost Stock 20x

Written by Emily J. Thompson, Senior Investment Analyst

XYZ+1.59%

MSTR+1.64%

Source: Fool

Updated: 1h ago

0mins

Source: Fool

Successful Ecosystems: Block operates two successful ecosystems, with Cash App focusing on individual consumers and Square targeting small businesses, showcasing its diversified market positioning and strong customer base.
Bitcoin Trading Enabled: Since 2018, Cash App has allowed Bitcoin trading, and Block has launched the Bitkey hardware wallet and mining equipment, indicating its ongoing innovation and responsiveness to market demand in the cryptocurrency space.
Merchant Bitcoin Acceptance: Square recently enabled its 4 million merchants to accept Bitcoin payments, which could create significant market potential and revenue growth opportunities if widely adopted.
Long-Term Growth Outlook: With Michael Saylor predicting Bitcoin prices could rise 217-fold over the next 20 years, if Block successfully capitalizes on this trend, its stock could see a 20-fold increase, attracting investors optimistic about Bitcoin's long-term potential.

XYZ

$65.95+Infinity%1D

Analyst Views on XYZ

Wall Street analysts forecast XYZ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XYZ is 86.35 USD with a low forecast of 55.00 USD and a high forecast of 105.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

27 Analyst Rating

21 Buy

4 Hold

2 Sell

Moderate Buy

Current: 64.920

Low

55.00

Averages

86.35

High

105.00

Current: 64.920

Low

55.00

Averages

86.35

High

105.00

Morgan Stanley

Equal Weight

maintain

$71 -> $72

Al Analysis

2025-11-21

Reason

Morgan Stanley

Price Target

$71 -> $72

Al Analysis

2025-11-21

maintain

Equal Weight

Reason

Morgan Stanley raised the firm's price target on Block to $72 from $71 and keeps an Equal Weight rating on the shares after the company "delivered the gross profit targets we think most were looking for" at its investor day, supported by positive enhancements across both the Square and Cash App segments. While the firm says after the event that it is "decidedly more positive" on several product and go-to-market developments, plus accelerated buybacks, it still views connected ecosystem and Bitcoin efforts as "low-return initiatives."

Mizuho

Outperform

maintain

$88 -> $100

2025-11-20

Reason

Mizuho

Price Target

$88 -> $100

2025-11-20

maintain

Outperform

Reason

Mizuho raised the firm's price target on Block to $100 from $88 and keeps an Outperform rating on the shares. The firm views the company's analyst as a "positive inflection in many ways." The CEO offered mea culpas ranging from lack of adequate product velocity to prior organizational challenges, the analyst tells investors in a research note. Mizuho likes Block's artificial intelligence product announcements but is "even more thrilled" about the company's opportunity to lower the cost of acceptance by utilizing bitcoin rails.

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BofA

Buy

maintain

$86 -> $88

2025-11-20

Reason

BofA

Price Target

$86 -> $88

2025-11-20

maintain

Buy

Reason

BofA raised the firm's price target on Block to $88 from $86 and keeps a Buy rating on the shares. The firm has come away from the company's Investor Day presentation with a better understanding of Block and the medium-term growth plan, the analyst tells investors in a research note. Deep-dives on product, underwriting strategy, go-to-market plan and Block's capabilities / engineering prowess increases the firm's confidence that the company can create a robust growth algorithm, the firm added.

Truist

Sell -> Hold

upgrade

$67 -> $68

2025-11-17

Reason

Truist

Price Target

$67 -> $68

2025-11-17

upgrade

Sell -> Hold

Reason

Truist upgraded Block to Hold from Sell with a price target of $68, up from $67.

About XYZ

Block, Inc. builds technology to increase access to the global economy. The Company operates through two segments: Square and Cash App. The Square includes managed payment services, software solutions, hardware, and financial services offered to sellers, excluding those that involve Cash App. The Cash App segment includes the financial tools available to individuals within the mobile Cash App, including peer-to-peer payments, bitcoin and stock investments. The Cash App also includes Cash App Card, which is linked to customer stored balances that customers can use to pay for purchases or withdraw funds from an ATM. Cash App also includes the BNPL platform. Its Afterpay business is transforming the way customers manage their spending over time. Its TIDAL business is a music platform that empowers artists to thrive as entrepreneurs. Its Bitkey business is a simple self-custody wallet built for bitcoin. Proto business is a suite of bitcoin mining products and services.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.