Square reports that Bitcoin composed the bulk of Cash App’s revenue in the first quarter, though it added much less to profit.
Square Inc. losses more than doubled in the first quarter as the payment processor filled reserve funds to deal with expected.
13 Apr 2020.
Square's Cash App is allowing U.S. citizens and residents who don't usually file a tax return to direct forthcoming government stimulus payments.
29 Feb 2020.
Payment company Square has netted almost 50 percent of its 2019 Q4 revenue from offering Bitcoin.
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1 Apr 2020.
Cash App has stood out as an important growth and profit driver at Square. It now seeks to help release government's stimulus funds to.
The peer-to-peer app’s versatility could drive transaction volumes and enrich SQ stock even amid pandemic-centered concerns.
26 Feb 2020.
Square said gross profit from the Cash App was $144 million in Q4. The company's hardware revenue was $22 million. Another strong metric for.