📉 Block Layoffs, 🚀 Tether Expansion: The Polarization of the Crypto Market
When Jack Dorsey was tightening expenses, Paolo Ardoino was expanding his territory. Let's take a look at the current state of these two giants:
1️⃣ Block (SQ): Survival Mode?
Jack Dorsey's fintech company plans to lay off another 10%. This is the third wave of layoffs in two years.
Reason: Poor earnings report (revenue of $6.11 billion, below the expected $6.34 billion), and the stock price has dropped 37% in a year. New focus: Cutting non-core businesses (closing TBD, reducing Tidal investment), fully transitioning to Bitcoin mining and AI.
2️⃣ Tether: Printing Machine Mode at Full Throttle
The speed of expansion of the USDT issuer is astonishing, planning to increase team size by 1.5 times.
Data: USDT market capitalization soared from $140 billion to $185 billion. Diversification: Investments span agriculture, robotics, satellite communications, and even invested in Juventus Football Club. Vision: To create a "free technology stack"—an independent ecosystem covering finance, communication, and energy.
🎭 Summary: Traditional payment giant (Block) is still laying off to satisfy investors, while crypto native (Tether) has already started to layout globally through “buy, buy, buy.”
Who do you favor? Is it the Block returning to Bitcoin's roots, or the Tether that's buying up the world? 👇
#Block #Tether #USDT #比特币 #加密新闻
