Buy These 3 Stocks That Are Also Bets on Bitcoin [The Motley Fool]
MercadoLibre, Inc. (MELI)
Last mercadolibre, inc. earnings: 2/10 04:01 pm
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US:NASDAQ Investor Relations:
investor.mercadolibre.com/investor-relations
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Source: The Motley Fool
Bitcoin(CRYPTO:BTCThe optimism surrounding bitcoin and cryptocurrencies in general is still promising, though, and governments, companies, and consumers alike are increasingly willing to accept and hold onto the digital currency. Three stocks that have bet on bitcoin and are worth buying right now areSquareNYSE:SQMercadoLibreNASDAQ:MELISilvergate CapitalNYSE:SIImage source: Getty Images.Square: A top fintech building a platform for the futureBitcoin is exciting, but ultimately, it's a fixed asset -- it doesn't do anything by itself. It derives its value when someone does something with it, such as trade it, accept it as a form of payment, or use it to build a finance application (sincebitcoin, like other cryptosDuring its 202 first-quarter update, Square said it ownedjust over 8,000 bitcoinsCEO Jack Dorsey hasn't been shy about his digital payments company's bullish viewpoint on the crypto. Square sees bitcoin as the future of finance on the internet and is even considering building h
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MELI
News
- MercadoLibre (MELI) to Report Q1 Results: Wall Street Expects Earnings Growth [Yahoo! Finance]Yahoo! Finance
- MercadoLibre, Inc. (NASDAQ: MELI) had its price target lowered by analysts at Wedbush from $2,000.00 to $1,800.00. They now have an "outperform" rating on the stock.MarketBeat
- Chilean Retailer Falabella Aims to Close Several Major Asset Sales This Year [Yahoo! Finance]Yahoo! Finance
- Chilean Retailer Falabella Aims to Close Several Major Asset Sales This Year [BNN Bloomberg (Canada)]BNN Bloomberg
- MercadoLibre, Inc. (NASDAQ: MELI) was upgraded by analysts at DZ Bank AG from a "hold" rating to a "buy" rating. They now have a $1,685.00 price target on the stock.MarketBeat
MELI
Earnings
- 2/22/24 - Miss
MELI
Sec Filings
- 4/23/24 - Form 8-K
- 2/23/24 - Form 10-K
- 2/22/24 - Form 8-K
- MELI's page on the SEC website