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Business, Cryptocurrencies

“Square’s Bitcoin Revenue Rises 1100%…”

“Square Inc (NYSE: SQ) on Thursday said the Bitcoin revenue for its Cash App rose 1100% in the third quarter, compared to the same period a year earlier. What Happened: The company’s Cash App Bitcoin revenue touched $1.63 billion. The revenue from the… Continue Reading…

Business, Cryptocurrencies

“Square buys $50 million in bitcoin, says cryptocurrency ‘aligns with company’s purpose’”

“Square said Thursday it bought 4,709 bitcoins, worth approximately $50 million. This represents about 1% of Square’s total assets as of the end of the second quarter of 2020… The price of the digital currency has risen to around $10,724 from $7,100… Continue Reading…