Category: square bitcoin
Auto Added by WPeMatico
Block posts 34% increase in Bitcoin revenue in Q2 but shares stumble
Bitcoin profits on Block’s Cash App dropped slightly from the first quarter of 2023 but remain up 7% from this time last year.
Powered by WPeMatico
Cash App’s Bitcoin Revenue Grew 119% in 2021, Gross Profit From BTC Rose 124%
Powered by WPeMatico
Square Unveils Plans to Help Bitcoin Become the Native Currency for the Internet
Powered by WPeMatico
Square’s Cash App Generates $1.8 Billion in Bitcoin Revenue, BTC Profit up 29% in Q3
Powered by WPeMatico
Square Adds $170 Million More in Bitcoin to Balance Sheet — Company Now Holds 5% of Total Cash Reserves in BTC
Powered by WPeMatico
Cash App’s Bitcoin Revenue Soars 1,000% to $1.63 Billion in Q3, Square Announces
Cash App, a mobile payment service of Square Inc., generated more than $1.63 billion in bitcoin revenue in Q3 2020, which is an increase of more than 1,000% over the same period last year. The company recently invested 1% of its total assets, or $50 million, into bitcoin. Cash App’s Bitcoin Revenue Soars Square Inc. […]
The post Cash App’s Bitcoin Revenue Soars 1,000% to $1.63 Billion in Q3, Square Announces appeared first on Bitcoin News.
Powered by WPeMatico
Square’s Major Bitcoin Buy: Puts 1% of Total Assets Worth $50 Million in BTC
Square Inc. has put 1% of its total assets in bitcoin worth about $50 million. The company believes that “cryptocurrency is an instrument of economic empowerment and provides a way for the world to participate in a global monetary system.” Square’s Major Bitcoin Buy Square Inc. announced Thursday that it has bought approximately 4,709 bitcoins […]
The post Square’s Major Bitcoin Buy: Puts 1% of Total Assets Worth $50 Million in BTC appeared first on Bitcoin News.
Powered by WPeMatico
Square’s Cash App Bitcoin Revenue Surges 600% to $875 Million in Q2, Profit Up 711%
Square Inc. has reported a significant bitcoin revenue increase in the second quarter. Its Cash App generated $875 million in revenue, a 600% increase from the previous year. In addition, Square’s bitcoin gross profit jumped 711%. Square Cash App’s Bitcoin Revenue Square released its performance report for Q2 2020 on Tuesday. The company’s net revenue, […]
The post Square’s Cash App Bitcoin Revenue Surges 600% to $875 Million in Q2, Profit Up 711% appeared first on Bitcoin News.
Powered by WPeMatico