Block, Inc.: A Safer Way to Invest in the Crypto Market

As Bitcoin approaches the $100k mark, crypto enthusiasts are once again feeling optimistic. The recent election has given a boost to those involved in cryptocurrency. Although Bitcoin's volatility makes it an unreliable medium of exchange, it has proven to be a store of value similar to gold. Block, Inc., which owns almost $1 billion worth of Bitcoin, has a strong presence in the crypto sector through its CashApp division and can provide exposure to the crypto market with less risk than investing in crypto miners or exchanges. The company's stock can be valued based on its future expected discounted cash flows, and it could be worth as much as $150 per share.