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Author Topic: Square allocates one percent of its total assets to Bitcoin  (Read 1775 times)

Offline Cinno3

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Square allocates one percent of its total assets to Bitcoin
« on: October 09, 2020, 08:38:44 PM »
Square Inc. has announced today that it has purchased 4,709 BTC for approximately $50 million, allocating around 1 percent of its total assets as of Q2 2020 to Bitcoin. The payments company, founded by Twitter’s CEO Jack Dorsey, said that it intends to participate in growing Bitcoin’s adoption.

CashApp’s parent company Square invests $50 million in Bitcoin
Square, a payments company founded by Twitter CEO Jack Dorsey, has announced today that it has purchased approximately 4,709 bitcoins. In an announcement published on its official website, the company said that the bitcoins were acquired at an aggregate purchase price of $50 million.
More: https://cryptoslate.com/square-allocates-one-percent-of-its-total-assets-to-bitcoin/
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Square allocates one percent of its total assets to Bitcoin
« on: October 09, 2020, 08:38:44 PM »

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Offline Rain075

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Re: Square allocates one percent of its total assets to Bitcoin
« Reply #1 on: October 10, 2020, 07:29:21 AM »
I searched Square Inc in Google website and find that square Inc use bitcoin as their payments and transactions system. Which is a big contribution in bitcoin.
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