Block 的大膽比特幣押注：加倍押注加密貨幣的未來

Block Inc. 提高了全年利潤指引，並宣布計劃將部分比特幣收益投資回該資產，這表明該公司對其未來潛力的堅定信念。將比特幣產品毛利的 10% 用於購買比特幣的決定突顯了 Block 對加密貨幣的承諾及其作為開放貨幣協議的信念。

Block's Bold Bet on Bitcoin: Investing in the Currency's Future

布洛克對比特幣的大膽押注：投資貨幣的未來

In a resounding endorsement of Bitcoin's long-term potential, Block Inc., the company founded by former Twitter CEO Jack Dorsey, has announced plans to invest a substantial portion of its profits from Bitcoin back into the digital asset. This strategic move underscores Block's unwavering belief in Bitcoin as the "native currency of the internet" and its commitment to fostering a decentralized and open financial system.

Twitter 前執行長 Jack Dorsey 創立的 Block Inc. 宣布計劃將其從比特幣獲得的大部分利潤重新投入到數位資產中，這是對比特幣長期潛力的大力認可。這項策略性舉措凸顯了 Block 對比特幣作為「網路原生貨幣」的堅定信念，以及其對培育去中心化和開放金融體系的承諾。

A Monumental Commitment to Bitcoin

對比特幣的巨大承諾

Dorsey, in a letter to shareholders, revealed Block's ambitious plan to allocate 10% of its gross profit from Bitcoin products each month towards purchasing Bitcoin for investment. This bold initiative signifies Block's conviction that Bitcoin possesses the potential to revolutionize global finance, providing a secure, transparent, and censorship-resistant alternative to traditional fiat currencies.

Dorsey 在致股東的一封信中透露了 Block 的雄心勃勃的計劃，即每月將比特幣產品毛利的 10% 用於購買比特幣進行投資。這一大膽的舉措標誌著布洛克堅信比特幣擁有徹底改變全球金融的潛力，為傳統法定貨幣提供安全、透明且抗審查的替代品。

Currently, less than 3% of Block's resources are dedicated to Bitcoin-related projects. However, the company's recent investments have yielded impressive returns, with its initial $220 million investment in Bitcoin growing by approximately 160% to $573 million by the end of the first quarter. This remarkable appreciation highlights Bitcoin's remarkable resilience and the growing interest in digital assets as a viable investment class.

目前，Block 不到 3% 的資源專門用於比特幣相關專案。然而，該公司最近的投資產生了令人印象深刻的回報，其最初對比特幣的 2.2 億美元投資增長了約 160%，到第一季末達到 5.73 億美元。這種顯著的升值凸顯了比特幣卓越的彈性以及人們對數位資產作為可行的投資類別日益增長的興趣。

Bitcoin's Promise as the "Native Currency of the Internet"

比特幣作為「網路原生貨幣」的承諾

Dorsey, known for his vocal advocacy for decentralization and open protocols, expressed Block's unwavering belief in Bitcoin's unique characteristics as the "best and only candidate" to serve as the "native currency of the internet." By investing heavily in Bitcoin, Block aims to contribute to the development of a more equitable and inclusive financial ecosystem, free from the constraints and control of centralized entities.

多西以大力倡導去中心化和開放協議而聞名，他表達了布洛克對比特幣獨特特徵的堅定信念，認為比特幣是作為「網路原生貨幣」的「最佳且唯一的候選人」。透過大力投資比特幣，Block 旨在為發展一個更公平和包容的金融生態系統做出貢獻，不受中心化實體的約束和控制。

Robust Financial Performance and Upwardly Revised Guidance

穩健的財務表現和向上修訂的指引

Block's bullish outlook on Bitcoin is complemented by its strong financial performance. For the three-month period ending March 31, 2023, the company reported an Ebitda (adjusted earnings before interest, taxes, depreciation, and amortization) of $705 million, a notable increase from the previous year's figure of $373 million. This impressive growth was driven by the continued expansion of Cash App, Block's flagship product for consumer payments and financial services.

布洛克對比特幣的樂觀前景與其強勁的財務表現相輔相成。截至 2023 年 3 月 31 日的三個月期間，該公司報告的 Ebitda（調整後的息稅折舊及攤銷前利潤）為 7.05 億美元，比上一年的 3.73 億美元顯著增長。這一令人印象深刻的成長是由 Block 的消費者支付和金融服務旗艦產品 Cash App 的持續擴張所推動的。

Adjusted diluted earnings per share also exceeded expectations, reaching $0.85 compared to analyst estimates of $0.71. This robust financial performance led Block to revise its full-year adjusted Ebitda guidance upwards, predicting a figure of $2.76 billion, up from the previously estimated $2.63 billion. The company also increased its guidance for adjusted operating income to $1.30 billion for the year, surpassing the earlier forecast of $1.15 billion.

調整後攤薄每股收益也超出預期，達到 0.85 美元，分析師預期為 0.71 美元。強勁的財務表現促使 Block 上調了全年調整後 Ebitda 指引，預測該數字為 27.6 億美元，高於先前估計的 26.3 億美元。該公司也將今年調整後營業收入指引上調至 13 億美元，超過先前預測的 11.5 億美元。

Addressing Legal Scrutiny with Confidence

充滿信心地應對法律審查

Block acknowledged recent reports of federal prosecutors probing its internal compliance structures and handling of transactions involving sanctioned countries. However, Dorsey expressed confidence that these inquiries were likely linked to already-disclosed investigations, emphasizing that he was not aware of any new ongoing investigations. Block's transparent handling of these inquiries underscores its commitment to ethical and responsible business practices.

布洛克承認最近有報道稱聯邦檢察官正在調查其內部合規結構和處理涉及受制裁國家的交易。然而，多西表示相信這些調查可能與已經披露的調查有關，並強調他不知道有任何新的正在進行的調查。 Block 對這些詢問的透明處理突顯了其對道德和負責任的商業實踐的承諾。

Market Reaction and Continued Growth

市場反應和持續成長

Despite the recent market volatility, Block's shares experienced a notable rise of 7.4% in late New York trading following the release of its strong financial results and announcement of the increased Bitcoin investment. This positive market response reflects investors' confidence in Block's long-term strategy and the growing acceptance of Bitcoin as a legitimate asset class.

儘管近期市場波動較大，但在公佈強勁的財務業績並宣布增加比特幣投資後，Block 的股價在紐約尾盤大幅上漲 7.4%。這種積極的市場反應反映了投資者對 Block 長期策略的信心以及對比特幣作為合法資產類別的日益接受。

The company's first-quarter gross profit of $2.09 billion was primarily driven by the continued growth of Cash App, which generated $1.26 billion in revenue. Cash App has evolved from a simple peer-to-peer payment platform to a comprehensive financial hub, offering a wide range of services such as stock trading, Bitcoin purchases, and access to other financial products. Block's strategic focus on innovation and customer satisfaction has enabled Cash App to gain a substantial market share and become a trusted financial partner for millions of users.

該公司第一季毛利為20.9億美元，主要得益於Cash App的持續成長，該應用程式產生了12.6億美元的收入。 Cash App 已經從一個簡單的點對點支付平台發展成為一個綜合性的金融中心，提供廣泛的服務，例如股票交易、比特幣購買以及訪問其他金融產品。 Block 對創新和客戶滿意度的策略重點使 Cash App 獲得了可觀的市場份額，並成為數百萬用戶值得信賴的財務合作夥伴。

Conclusion: A Bold Gamble with Enormous Potential

結論：一次大膽的賭博，潛力巨大

Block's decision to invest heavily in Bitcoin represents a bold and visionary commitment to the future of decentralized finance. The company's belief in Bitcoin's transformative power and its dedication to fostering an open financial ecosystem position it at the forefront of a rapidly evolving industry. With its strong financial performance, unwavering optimism for Bitcoin, and commitment to innovation, Block is well-positioned to capitalize on the long-term growth potential of digital assets and shape the future of global finance.

Block 大力投資比特幣的決定代表了對去中心化金融未來的大膽而富有遠見的承諾。該公司相信比特幣的變革力量，並致力於培育開放的金融生態系統，使其處於快速發展的行業的最前沿。憑藉其強勁的財務業績、對比特幣堅定不移的樂觀態度以及對創新的承諾，Block 完全有能力利用數位資產的長期成長潛力並塑造全球金融的未來。