Square


Finance

Square Reports Over $1B in Quarterly Bitcoin Revenue for First Time: Q3 Earnings

"Cash App generated $1.63 billion of bitcoin revenue and $32 million of bitcoin gross profit during the third quarter of 2020."

Square CEO Jack Dorsey

Tech

Square Funds Designer to Make Crypto Wallets Usable by Anyone

Maggie Valentine was awarded a grant to help make bitcoin wallets less complicated for non-crypto users.

Maggie Valentine

Finance

Baby Steps or Handcuffs? Crypto Pros Assess PayPal’s Bitcoin Play

Fintech giant PayPal confirmed its move into crypto Wednesday. Is its no-withdrawals bitcoin service too restrictive or mainstream-friendly?

Smartphone Apps

Markets

JPMorgan Calls Square's $50M Bitcoin Investment 'Strong Vote of Confidence' for the Cryptocurrency

Other payment companies will also likely follow in Square's footsteps or risk getting shut out of a growing segment, JPMorgan wrote.

JP Morgan Chase's corporate headquarters

Markets

First Mover: Bitcoin Hits $11K as Square Exposes $2.3T Corporate Money Pot

Square's $50M bitcoin purchase has analysts doing back-of-the-envelope math on the possibility of rising allocations from corporate treasurers.

S&P 500 companies have a combined $2.3 trillion in cash and short-term investments, a new money pot for bitcoin marketers.

Markets

Market Wrap: Bitcoin Surges on Square News to $10.9K; December Ether Options Pile Up

Bitcoin’s price jumped on news of payments firm Square’s investment while traders have amassed over $165 million in ether options open interest for December expiration.

CoinDesk 20 Bitcoin Price Index

Markets

The Market Reacts to Square’s $50M Bitcoin Buy

Reactions from Bitcoin Twitter and beyond as Square puts 1% of its treasury assets into bitcoin.

Breakdown 10.8

Markets

Square Forms Group to Stop Patent Hoarding From Stifling Crypto Innovation

Square said the Cryptocurrency Open Patent Alliance (COPA) will allow companies to access and share tech innovations with one another.

Square CEO Jack Dorsey

Markets

Square Reports 600% Increase in Quarterly Bitcoin Revenue

Jack Dorsey's Square has seen one of the largest quarterly increases yet for its bitcoin business.

Square CEO Jack Dorsey

Finance

Jack Dorsey's Cash App Sponsors NASCAR Driver Bubba Wallace

The NASCAR driver has a new sponsorship deal with Jack Dorsey's Cash App. His car will sport the bitcoin logo at race events.

Darrell "Bubba" Wallace, NASCAR driver (Grindstone Media Group/Shutterstock)