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Bitcoin Buyers for Square’s Cash App Doubled in Q3 2019

News According to its Q3 2019 shareholder letter, Square’s Cash App reported many new first-time Bitcoin (BTC) buyers, but low profits related to its Bitcoin business. On Nov. 6, payment processing giant Square issued a letter to shareholders outlining Q3 2019 financial figures, in which it disclo..

Jack Dorsey: You Can Buy a Fraction of Berkshire Stock or ‘Stack Sats’

News Jack Dorsey, CEO of Twitter and Square, announced that Square’s Cash App is poised to enable users to purchase fractions of stocks — with an entry of as little as $1. In a tweet posted on Oct. 24, Dorsey wrote: “Now anyone can buy $42 or even $1 worth of Berkshire Hathaway A ($BRK.A, or $TSLA..

Square Crypto Completes First Dev Team: Why It’s Important for Bitcoin

When you think of the company Square, “Bitcoin” and “cryptocurrency” are likely not the first words that come to mind. Outside of the crypto industry, the company is best known for its point of sale terminals and smart credit card readers, which have become integral for many mom & pop companies spa..

Square Crypto Completes Inaugural Developer Team With Three New Hires

News Square Crypto, the crypto-focused branch of payment company Square, has hired Valentine Wallace, Jeffrey Czyz and Arik Sosman to its inaugural developer team. Square Crypto announced the appointment in a series of tweets on Sept. 19, revealing that Wallace joined the company from Lightning La..

Square Crypto Grants $100,000 to Open-Source Crypto Payment Processor

News Bitcoin (BTC)-supporting payments service Square Crypto is giving the first of what will be many grants to support open-source Bitcoin projects to BTCPay Foundation. BTCPay receives $100,000 grantOn Sept. 14, Square Crypto, the crypto-focused branch of mobile payment company Square, took to T..

Report: Square’s Cash App Is Testing a Stock Trading Feature

News Square’s cryptocurrency-friendly payment app Cash App is reportedly testing a new feature allowing customers to buy and sell stocks. Expanding Cash AppCiting a source familiar with the matter, Bloomberg reported on Sept. 12 that the San Francisco-based startup’s employees began testing the ne..

Jack Dorsey: Twitter Has No Interest in Creating Libra-Like Crypto

News Twitter and Square CEO Jack Dorsey stated that there are no plans for a platform-specific “Twitcoin” cryptocurrency, noting that he will instead focus on promoting Bitcoin (BTC). Open standards are betterAccording to Australian news outlet The Sydney Morning Herald’s article published on Sept..

Square Crypto Hires Blockstream Co-Founder, Open Source Bitcoin Dev

News Square Crypto, the cryptocurrency-focused branch of mobile payment company Square, has hired Blockstream co-founder and Bitcoin (BTC) developer Matt Corallo. Square Crypto announced the news in an official Twitter post on Aug. 20. Matt Corallo also commented on the announcement, saying: “So e..

Square’s Cash App Bags $125M in Bitcoin Revenues for Q2

It seems that the revival in the cryptocurrency markets has been heavily benefiting Square, a financial services and technology firm headquartered in San Francisco with a swelling love for Bitcoin. Per the firm’s latest shareholder letter, which was published on August 1st, Square made over $100 mi..

Twitter, Square Founder Jack Dorsey Says ‘We Love You Bitcoin’

News Jack Dorsey — founder of social media giant Twitter and Bitcoin (BTC)-supporting payments provider Square — has said: “we love you Bitcoin.” During an earnings call devoted to Square’s Q2 2019 results, Dorsey recognized the eye-popping impact that introducing Bitcoin support had on the compan..

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