Crypto Presale Gold Rush: LivLive’s 300% Black Friday Surge Joins Bitcoin Hyper & BEST in Market Frenzy
Black Friday just went crypto-crazy as LivLive's massive 300% presale boost ignites investor frenzy across digital asset markets.
The Triple Threat Presale Play
LivLive's unprecedented Black Friday offering joins Bitcoin Hyper and BEST in creating a perfect storm of presale opportunities—because who needs traditional retail discounts when you can chase 300% crypto returns?
Market Momentum Builds
While traditional finance worries about holiday shopping numbers, crypto investors are stacking presale positions faster than retailers stock shelves. The timing couldn't be better—or more suspiciously coordinated.
Presale Season Heats Up
Three major projects launching simultaneously during retail's biggest weekend? Either we're witnessing brilliant market timing or the greatest distraction since central bankers discovered quantitative easing.
Because nothing says 'happy holidays' like potentially tripling your money while Wall Street analysts debate whether crypto is a real asset class.
TLDR
- Block (XYZ) upgraded to Buy by Truist Securities with $68 price target on November 17, despite recent 20% pullback
- William Blair’s Andrew Jeffrey reaffirmed Buy rating following strong Q3 2025 performance and positive Q4 guidance
- Q3 2025 revenue rose 2.3% to $6.11 billion, though Bitcoin revenue fell 19% to $1.97 billion
- TD Cowen maintains Buy rating with $91 price target, viewing the stock as oversold after Q3 earnings reaction
- Truist raised 2026 adjusted EPS forecast to $3.28, citing improving momentum in Square segment offsetting Cash App Borrowing credit concerns
Block stock has caught fresh attention from Wall Street analysts following a sharp pullback. The fintech company saw multiple firms reaffirm their positive outlook despite recent volatility.
On November 17, Truist Securities upgraded Block to Buy from Hold. The firm raised its price target to $68 from $67. The MOVE came after the stock dropped more than 20% in recent months.
Block, Inc., XYZ
Truist pointed to concerns about credit risks tied to Block’s Cash App Borrowing product. This lending feature has grown rapidly. Some investors worry about potential defaults as the economy faces headwinds.
The research firm sees the selloff as overdone. Truist believes Block’s Square segment shows strong momentum. This business serves merchants with point-of-sale systems and payment processing tools.
Truist boosted its 2026 earnings forecast for Block. The firm now expects adjusted earnings of $3.28 per share. That’s slightly above the consensus estimate of $3.25 per share.
Analyst Confidence Across the Board
William Blair analyst Andrew Jeffrey maintained his Buy rating the same day. He cited strong Q3 performance and guidance for Q4 that points to continued acceleration.
Jeffrey highlighted Block’s strategic focus on consumer liquidity. He expects the positive trends to keep rolling through the coming quarters.
TD Cowen also weighed in with a Buy rating. The firm set a $91 price target on the stock. TD Cowen views Block as oversold following its reaction to third-quarter earnings.
The firm expects Block to deliver 2026 guidance that meets market expectations. Management is also expected to provide new medium-term financial projections.
Q3 Results Show Mixed Performance
Block reported Q3 2025 results on November 6. Total revenue climbed 2.3% year-over-year to $6.11 billion. The previous year’s Q3 revenue stood at $5.98 billion.
Bitcoin revenue fell 19% to $1.97 billion from $2.43 billion. This decline held back overall revenue growth. All other revenue segments posted gains during the quarter.
Cash App and Square both showed revenue acceleration. The company maintained stable adjusted EBITDA margins. Operational efficiency gains offset new investments in the platform.
Adjusted diluted earnings per share reached $0.54. That compared to $0.53 in the year-ago quarter. The results came as the company faced broader economic challenges.
Block’s volume growth stood out during the quarter. The company scaled its platform while keeping momentum across multiple business lines. Management continues investing in both consumer and merchant services.
The company operates Square point-of-sale systems for businesses. Its Cash App serves consumers with digital payment tools. Block also offers Bitcoin products and self-custody infrastructure for cryptocurrency users.