Cute Baby
@nachunja
Father of a cute baby. Stocks. Feel free to DM.
$XYZ A story of early years at Block
Payments are so beyond broken. I wish I could say @jack is exaggerating several years later, but sadly, I cannot.
$XYZ – @protomining Bitcoin chips Core Scientific – • "Payments due 6 months prior to delivery" • Pays $21M on 1/15/2025 7/15/2025. That is be the delivery date. Which means it's delivered. Which means it's recorded as revenue. Which means we might see it in Q3 guide.
$XYZ – @protomining Bitcoin chips @jack (May 13th) – "We're on track to deliver in back half of this year" Market – >😂 I don't believe you > (prices in absolutely zero Proto revenue)
$XYZ – "Square Cash Advance" Launches in the UK • This is like Cash App Borrow, but for UK Merchants • Funding is only for business use and can’t be used for any personal, household or family reasons • Square Cash Advance isn’t a credit product and won’t affect a business’s…
$XYZ Nobody calls Block an AI company. But maybe they should. Cash App Borrow ('24): • $9B in originations • Avg loan size: $87 👉 103M loans in a single year 👉 283,000 loans per day All auto-underwritten, auto-approved, auto-managed And this number could double in '25
$XYZ – Debit Card users • Chase: 25M • Cash App: 25M • Chime: 8M • Affirm: 2M
$XYZ – Cashbot • Cashbots are Cash App's new AI chatbot • Personalized & Contextual • Greatly improved support speed & quality Great name btw
as foundational models get better and better we're able to offer better personalized support cash chat support automation (cashbot) went from <30% to >60% in a couple of months earlier this year. always more to do! cash.app/press/cashbot-… 👀👀
$XYZ
Square ハンディ(Handheld) arrives in Japan 🇯🇵 Our most powerful, portable point-of-sale device ever is now available in all our markets. Read more: squareup.com/jp/ja/press/sq…
$XYZ
Block officially joins the S&P 500 today. It’s not a finish line. It is a signal that what we’re building has staying power. Inclusion brings broader exposure. Proud of our team. Focused on what’s next.
$XYZ – Free $1.1B 🟢 • Cash App users collectively hold ~20,500 bitcoin • That stash was worth $1.1B three years ago • Today? It's worth $2.2B That's like getting a +$1.1B inflow, for free.
Question – How many $XYZ shares will passive S&P 500 index funds absorb? Answer – ChatGPT: 106M Grok: 101M Gemini: 120M JP Morgan: 54M Context – Block’s Class A Common: 555M LTM buyback: 20M Couple ways to think about it: 1. S&P 500 funds will absorb about 5-10% of total…
$XYZ Square is adding a discovery function for Sellers that adopts bitcoin payments, both on @btcmap and Cash App! 🤤 This has the potential for an awesome flywheel effect, for both Square and Cash App
