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Square Buys Another $170 Million in Bitcoin, Initial Investment Up 376%

Square has made this Bitcoin investment public along with its Q4 2020 and full year 2020 results release. This is not the first BTC purchase made by Square. Its first tryst with Bitcoin was announced in October last year when it made a purchase of 4,709 BTC worth about $50 million at the time of … Continued The post Square Buys Another $170 Million in Bitcoin, Initial Investment Up 376% appeared first on BeInCrypto. дальше »

2021-2-24 16:00


This On-Chain Data Suggests Unannounced Companies are Accumulating Bitcoin

The crypto community was ablaze with joy after news broke regarding Square’s decision to buy Bitcoin to hold as a reserve asset This decision came about just months after MicroStrategy made a similar choice, albeit on a larger scale If this trend gains steam as the dollar continues seeing unprecedented inflation, it could be a catalyst for massive BTC upside The significance of this should not be understated, but data seems to indicate that Square […] дальше »

2020-10-10 02:00


Square’s Bitcoin Investment Made $2 Million Over The Last 24 Hours

Bitcoin price blasted back above $11,000 in response to yesterday’s news that the Jack Dorsey-led Square Inc. had purchased 4,709 BTC to add to company reserves. Since the news broke about the payment firm’s innovative corporate investment – a growing trend now – the cryptocurrency has risen 4%, adding an enormous sum in ROI to […] дальше »

2020-10-10 20:00


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Jack Dorsey: Bitcoin Is Our One Opportunity to ‘Align the World’

Twitter and Square CEO Jack Dorsey has repeated his belief that only Bitcoin will become the global currency of the internet. Bitcoin Can ‘Align’ The World Speaking in an interview with Quartz on June 14, Dorsey, who has made a name for himself as a Bitcoin advocate, said that the world was in a unique position to change the financial system. дальше »

2019-6-14 18:00


CEO of Twitter and Square, Jack Dorsey Invests $10,000 Per Week into Buying Bitcoin (BTC)

In a recent post made available by Coin Telegraph, it was disclosed that the CEO of Twitter and Square, Jack Dorsey has proved his admiration for the giant cryptocurrency, Bitcoin [BTC]. In particular, it has been estimated that he could be investing nearly $10,000 in BTC on a weekly basis. Said information was supposedly first […] дальше »

2019-3-7 17:47


Bitcoin Only: Square CEO Jack Dorsey Doesn’t Care for Other Cryptocurrencies on Popular ‘Cash’ App

Square and Twitter CEO Jack Dorsey has made it very clear that Square will only support Bitcoin (BTC) in the foreseeable future. On February 6, in response to some members of the cryptocurrency community inquiring about potential Square integrations, Dorsey said: Nah — jack (@jack) February 5, 2019 He also expressed his enthusiasm towards the Lightning Network, a second-layer scalability solution that enables instantaneous payments on Bitcoin. дальше »

2019-2-7 18:13