common-close-0
BYDFi
Trade wherever you are!

What are the latest news and updates about square in the cryptocurrency industry?

avatarcodemaverickDec 30, 2021 · 3 years ago3 answers

Can you provide the latest news and updates about square in the cryptocurrency industry? I'm particularly interested in any recent developments or announcements related to square's involvement in the crypto space.

What are the latest news and updates about square in the cryptocurrency industry?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    Sure! Square, the popular payment processing company founded by Jack Dorsey, has been making waves in the cryptocurrency industry. In October 2020, Square announced that it had purchased $50 million worth of Bitcoin, which represented approximately 1% of the company's total assets at that time. This move signaled Square's confidence in the future of cryptocurrencies and its commitment to exploring the potential of digital assets. Additionally, Square's Cash App allows users to buy and sell Bitcoin, further integrating cryptocurrencies into its platform. Overall, Square's involvement in the cryptocurrency industry has been significant and has contributed to the growing adoption and acceptance of digital currencies.
  • avatarDec 30, 2021 · 3 years ago
    Oh, you're talking about Square and cryptocurrencies? Let me tell you, Square has been making some big moves in the crypto space. Just last year, they bought a whopping $50 million worth of Bitcoin. That's a lot of money, my friend! It shows that Square is serious about cryptocurrencies and believes in their potential. And guess what? You can even buy and sell Bitcoin using Square's Cash App. It's super convenient and makes it easier for people to get into the crypto game. So yeah, Square is definitely making waves in the cryptocurrency industry.
  • avatarDec 30, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can tell you that Square has been making some interesting moves lately. They recently announced that they had purchased $50 million worth of Bitcoin. This is a significant investment and shows that Square believes in the future of cryptocurrencies. It's also worth mentioning that Square's Cash App allows users to buy and sell Bitcoin, making it easier for people to get involved in the crypto space. Overall, Square's involvement in the cryptocurrency industry is definitely worth keeping an eye on.