BHI 3.1·Q2 2026 Bulletin
Published Jun 4 2026·Spearman ρ = 0.77·Validation: preliminary
Today's bulletin →
Movers · Q2 2026 · Jun 4 2026
PLATFORM PROFILEXYZ

Block (Square)

$39BMerchant POS + Cash AppFintech & Payments
2.81
B-index (V3.1)
BLACK HOLE
Capture1.271
Escape0.452
Key Structural Insight

Eleven-Parameter Profile

5DATAMEMACTPROCNETCLOSEPORTSUBFALLORGMOM
Data Depth7/10
Memory6/10
Action7/10
Process8/10
Network7/10
Closeness7/10
Portability4/10
Substitutability5/10
Human Fallback5/10
Org Depth7/10
Momentum6/10
Capture Escape Extended

V3.1 Decomposition

ComponentValueFormula
CES₄ capture core0.6982CES(d, m, a, p)
Knowledge synergy σₖ0.6481√(d · m)
Operability synergy σₒ0.7483√(a · p)
Synergy boost1.20951 + 0.3·(σₖ + σₒ)/2
Org-depth multiplier1.35001 + 0.5·o
Momentum multiplier1.18001 + 0.3·t
Total Capture1.2712c·(1+0.5n)·core·syn·org·mom
CES₃ escape core0.4654CES(x, s, h)
Feedback attenuation0.7556max(0.3, 1 − 0.35·core)
Total Escape0.4517ε + escCore · feedback
B = Capture / Escape2.811.271 / 0.452

Scoring Rationale

Parameter Sensitivity

MARGINAL B-INDEX CHANGE PER ±1 SCORE SHIFT
CLOSE7
+0.80
PORT4
-0.34
MEM6
+0.31
SUB5
-0.31
FALL5
-0.31
ACT7
+0.29
DATA7
+0.28
PROC8
+0.27
NET7
+0.21
ORG7
+0.21
MOM6
+0.14
+ raises B (deepens lock-in) lowers B (aids escape)

Comparable PlatformsFintech & Payments (12 peers)

#PlatformTickerB-indexZone
01VisaV8.82BLACK HOLEProfile →
02M-PesaSCOM.NR8.16BLACK HOLEProfile →
03MastercardMA8.14BLACK HOLEProfile →
04NubankNU5.21BLACK HOLEProfile →
05AdyenADYEN.AS5.10BLACK HOLEProfile →
06StripePrivate3.67BLACK HOLEProfile →
07PlaidPrivate2.89BLACK HOLEProfile →
08RevolutPrivate2.87BLACK HOLEProfile →
09WiseWISE.L1.80EVENT HORIZONProfile →
10MarqetaMQ1.52EVENT HORIZONProfile →
11RobinhoodHOOD1.16TRANSITIONProfile →
12PayPalPYPL1.14TRANSITIONProfile →