Block 的大胆比特币押注：加倍押注加密货币的未来

Block Inc. 提高了全年利润指引，并宣布计划将部分比特币收益投资回该资产，这表明该公司对其未来潜力的坚定信念。将比特币产品毛利润的 10% 用于购买比特币的决定突显了 Block 对加密货币的承诺及其作为开放货币协议的信念。

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

布洛克对比特币的大胆押注：投资货币的未来

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 前首席执行官杰克·多尔西 (Jack Dorsey) 创立的 Block Inc. 宣布计划将其从比特币获得的大部分利润重新投入到数字资产中，这是对比特币长期潜力的大力认可。这一战略举措凸显了 Block 对比特币作为“互联网原生货币”的坚定信念，以及其对培育去中心化和开放金融体系的承诺。

A Monumental Commitment to Bitcoin

对比特币的巨大承诺

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 在致股东的一封信中透露了 Block 的雄心勃勃的计划，即每月将比特币产品毛利润的 10% 用于购买比特币进行投资。这一大胆的举措标志着布洛克坚信比特币拥有彻底改变全球金融的潜力，为传统法定货币提供安全、透明且抗审查的替代品。

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% 的资源专门用于比特币相关项目。然而，该公司最近的投资产生了令人印象深刻的回报，其最初对比特币的 2.2 亿美元投资增长了约 160%，到第一季度末达到 5.73 亿美元。这种显着的升值凸显了比特币卓越的弹性以及人们对数字资产作为可行的投资类别日益增长的兴趣。

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

比特币作为“互联网原生货币”的承诺

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.

多尔西以大力倡导去中心化和开放协议而闻名，他表达了布洛克对比特币独特特征的坚定信念，认为比特币是作为“互联网原生货币”的“最佳且唯一的候选者”。通过大力投资比特币，Block 旨在为发展一个更加公平和包容的金融生态系统做出贡献，不受中心化实体的约束和控制。

Robust Financial Performance and Upwardly Revised Guidance

稳健的财务业绩和向上修订的指引

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.

布洛克对比特币的乐观前景与其强劲的财务业绩相辅相成。截至 2023 年 3 月 31 日的三个月期间，该公司报告的 Ebitda（调整后的息税折旧及摊销前利润）为 7.05 亿美元，比上一年的 3.73 亿美元显着增长。这一令人印象深刻的增长是由 Block 的消费者支付和金融服务旗舰产品 Cash App 的持续扩张推动的。

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.

调整后摊薄每股收益也超出预期，达到 0.85 美元，而分析师预期为 0.71 美元。强劲的财务业绩促使 Block 上调了全年调整后 Ebitda 指引，预测该数字为 27.6 亿美元，高于之前估计的 26.3 亿美元。该公司还将今年调整后营业收入指引上调至 13 亿美元，超过之前预测的 11.5 亿美元。

Addressing Legal Scrutiny with Confidence

充满信心地应对法律审查

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.

布洛克承认最近有报道称联邦检察官正在调查其内部合规结构和处理涉及受制裁国家的交易。然而，多尔西表示相信这些调查可能与已经披露的调查有关，并强调他不知道有任何新的正在进行的调查。 Block 对这些询问的透明处理突显了其对道德和负责任的商业实践的承诺。

Market Reaction and Continued Growth

市场反应和持续增长

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.

尽管近期市场波动较大，但在公布强劲的财务业绩并宣布增加比特币投资后，Block 的股价在纽约尾盘大幅上涨 7.4%。这种积极的市场反应反映了投资者对 Block 长期战略的信心以及对比特币作为合法资产类别的日益接受。

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.

该公司第一季度毛利润为20.9亿美元，主要得益于Cash App的持续增长，该应用产生了12.6亿美元的收入。 Cash App 已经从一个简单的点对点支付平台发展成为一个综合性的金融中心，提供广泛的服务，例如股票交易、比特币购买以及访问其他金融产品。 Block 对创新和客户满意度的战略重点使 Cash App 获得了可观的市场份额，并成为数百万用户值得信赖的金融合作伙伴。

Conclusion: A Bold Gamble with Enormous Potential

结论：一次大胆的赌博，潜力巨大

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 大力投资比特币的决定代表了对去中心化金融未来的大胆而富有远见的承诺。该公司相信比特币的变革力量，并致力于培育开放的金融生态系统，使其处于快速发展的行业的最前沿。凭借其强劲的财务业绩、对比特币坚定不移的乐观态度以及对创新的承诺，Block 完全有能力利用数字资产的长期增长潜力并塑造全球金融的未来。