Is Block, Inc. (XYZ) One of the Top Bitcoin and Blockchain Stocks to Buy in 2026?
Is One of the Top Bitcoin and Blockchain Stocks to Buy in 2026?
Bitcoin and blockchain tech are heating up. More companies are jumping into this space. Investors want to know: Is
What Makes Block, Inc. a Player in Bitcoin and Blockchain?
Block, Inc. started as Square. Now it’s big in payments. It helps shops take cards and more. Cash App is its star app. People send money fast, peer-to-peer. Cash App also lets users buy bitcoin. This makes Block deep in crypto.
Block pushes bitcoin hard. CEO Jack Dorsey loves it. He sees bitcoin as future money. The company builds tools for bitcoin users. This sets it apart from plain payment firms.
Big News: OpenIP Grows with Bitkey and Proto
On February 4, 2026, Block shared exciting plans. It expands OpenIP. This project started in October 2025. Now it adds Bitkey and Proto.
- Bitkey: A bitcoin self-custody wallet. Users hold their own keys. No middleman risk.
- Proto: Bitcoin mining hardware and services. Helps miners get gear and support.
This move boosts open innovation. Block shares designs. Others can build on them. It grows the bitcoin ecosystem. For investors, it shows Block bets big on bitcoin growth.
Financial Snapshot: Q3 Results and Full-Year Outlook
Last quarter had ups and downs. Revenues missed Wall Street hopes. But gross profit jumped 18% to $2.66 billion. Adjusted EPS hit 54 cents, short of 67 cents expected.
Good news? Consumer banking grew strong. Block raised its full-year gross profit guide to $10.24 billion. A bit higher than before. This Oakland firm eyes steady growth.
| Metric | Q3 Result | Change YoY |
|---|---|---|
| Gross Profit | $2.66B | +18% |
| Adjusted EPS | $0.54 | – |
| Full-Year Guide | $10.24B | Up from prior |
Analyst Views on Stock
Wall Street watches close. Citi cut price target from $105 to $85 on Feb 5, 2026. Still says “Buy”. Expects 19% gross profit jump soon.
Truist analyst Matthew Coad upped target from $68 to $72 on Jan 20. Keeps “Hold”. Likes fintech outlook for 2026. But warns of tough comps. Managers may play safe.
These views mix caution and hope. Block trades amid bitcoin swings. But bitcoin focus could pay off big.
Why Stands Out in Bitcoin Stocks
Not all blockchain stocks are equal. Block blends payments with crypto.
- Cash App Power: Millions use it for bitcoin buys. Revenue from fees grows with crypto prices.
- Self-Custody Push: Bitkey fits bitcoin ethos. Users control funds. Demand rises as exchanges face hacks.
- Mining Entry: Proto taps bitcoin mining boom. Halvings make efficiency key. Block’s hardware helps.
- Open Source Vibe: OpenIP draws devs. Builds network effects.
Bitcoin ETFs and adoption boost all boats. Block rides this wave better than most.
Risks to Watch for Blockchain Investors
No stock is perfect. Block missed revenue targets. Fintech faces regulation. Bitcoin price drops hurt Cash App.
Competition grows. Coinbase, MicroStrategy hold more bitcoin. PayPal pushes crypto too. Watch macro trends like rates and halvings.
Bitcoin and Blockchain Market Trends in 2026
Bitcoin nears all-time highs. Nations buy BTC. Mining shifts to U.S. for cheap power. Wallets go mainstream.
Blockchain beyond bitcoin: DeFi, NFTs. But Block sticks to bitcoin core. Smart for steady plays.
Top bitcoin stocks often hold BTC on balance sheet. Block does via treasury. Plus builds ecosystem.
Is Among the Best Picks?
Yes, it ranks high. Combines real business with bitcoin upside. Recent moves like Bitkey and Proto excite. Financials improve despite hiccups. Analysts lean positive.
If you seek bitcoin exposure without pure plays, Block fits. Pair with miners or holders for balance.
Track earnings and bitcoin price. 2026 could be breakout year.
Final Thoughts on Top Blockchain Stocks
Read more: Best crypto stocks for growth. Or top performers in fintech.
Share your thoughts below. Is Block in your watchlist?
