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Square’s Cash App Generates $1.8 Billion in Bitcoin Revenue, BTC Profit up 29% in Q3
6.11.2021
Square Inc. has reported bitcoin revenue of $1.82 billion in the third quarter, an 11% increase from the same period last year. Its bitcoin gross profit was $42 million during the time period, a 29% increase year-over-year. Square’s Bitcoin Profit up 29% in Q3 In the company’s Q3 2021...
Square's Cash App Bitcoin profits fall 23% — Will opening it to teenagers help?
5.11.2021
Cash App’s Bitcoin profits fell in the third quarter, but overall profits are still on the rise
Jack Dorsey Discusses Square Building a ‘Bitcoin-Native’ Dex Platform, Project Lead Shares Insight
28.8.2021
On Friday, the CEO of Twitter and Square, Jack Dorsey talked about the decentralized exchange Square is constructing called “TBD” or the “TBD BTC DEX.” First mentioned in July, Dorsey tweeted that the company has “determined [TBD’s] direction and he also...
Square’s Cash App raises minimum Bitcoin withdrawal to 0.001 BTC
22.4.2021
A 0.01 BTC withdrawal is equivalent to around $51.80 based on current prices
Square's Cash App briefly halts buying AMC and Nokia stock
2.2.2021
"This was not Cash App’s decision — we disagree with this move wholeheartedly," tweeted the service
Almost 80% of Square’s Cash App Q3 revenue was from Bitcoin
6.11.2020
Square’s Cash App has increased Q3 Bitcoin revenue by 1,100% after more than $1.6 billion Bitcoin was purchased by users
Square’s Cash App Bitcoin Revenue Surges 600% to $875 Million in Q2, Profit Up 711%
6.8.2020
Square Inc. has reported a significant bitcoin revenue increase in the second quarter. Its Cash App generated $875 million in revenue, a 600% increase from the previous year. In addition, Square’s bitcoin gross profit jumped 711%. Square Cash App’s Bitcoin Revenue Square released...
Square’s Cash App Reports BTC Quarterly Revenue Exceeds Fiat’s, Soaring 367% to $306 Million
8.5.2020
Square’s Cash App reported Wednesday, that bitcoin (BTC) revenue during the first quarter of the year, soared 367% to $306 million from $65 million a year ago. Quarter-on-quarter, the figure is up 71%. The increase is thanks “to growth in the number of active bitcoin customers, as well...
Bitcoin Revenues in Square’s Cash App Top Fiat Revenues for First Time in Q1
6.5.2020
Bitcoin profit through Square’s Cash App was $7 million in the first quarter of 2020. It earned $8 million in bitcoin profit through the whole of 2019
Bitcoin Drove Half of Square’s Cash App Revenue in the 4th Quarter
26.2.2020
Square reported bitcoin revenues of $178 between Nov. 1 and Dec. 31, 2019, with profits of $3 million, up 50 percent over the prior two quarters
Bitcoin Buyers for Square’s Cash App Doubled in Q3 2019
7.11.2019
Square’s Cash App reports that first-time Bitcoin buyers almost doubled in Q3 2019, despite low profit margins from its Bitcoin service
Square’s Cash App Now Charging Fees for Bitcoin Purchases
6.11.2019
Square's Cash App has started charging fees of as much as 1.76 percent on bitcoin purchases, sources have pointed out to CoinDesk
Report: Square’s Cash App Is Testing a Stock Trading Feature
13.9.2019
Square’s BTC-friendly payment app Cash App is reportedly testing a new option to let users buy and sell stocks