pull down to refresh
Yeah they didn’t go crazy with it but look at their competitors (PayPal, SoFi, Robinhood) they have way more bitcoin then they do and plus they have the POS business. If Bitcoin ever becomes a MOE they have the corn and the tech to capture fees paid with bitcoin.
reply
Is holding bitcoin a moat if anyone can buy bitcoin?
reply
If no one else will, sure.
reply
Yeah because bitcoin they buy and hold is bitcoin another company can’t access.
reply
They hold very little relative to the size of the business.
Stock might be a decent value at these levels.