5 Most Undervalued Blockchain Stocks To Buy According To Hedge Funds

3. Block, Inc. (NYSE:SQ)

Number of Hedge Fund Investors In Q3 2023: 60

Average Analyst Share Price Upside: 10%

Block, Inc. (NYSE:SQ) is an American financial technology company that was one of the first to bring Bitcoin trading to retail users. The firm has beaten analyst EPS estimates in three out of its four latest quarters and the stock is rated Buy on average.

By the end of this year’s third quarter, 60 out of the 910 hedge funds surveyed by Insider Monkey were Block, Inc. (NYSE:SQ)’s shareholders. Andreas Halvorsen’s Viking Global owned 12.3 million shares that were worth $545 million to enable it to become the biggest investor among these.

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