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Square’s Bitcoin (BTC) Revenue Continues to Climb
Bitcoin (BTC), Cryptocurrency–Despite the crypto markets entering the final months of 2018 in an ongoing bear cycle, cryptocurrency and financial services company Square has revealed that Q3 revenue was up $6 million, including a profit of $500,000. дальше »
2018-11-9 05:43 | |
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Square, Boosted By Its Bitcoin Business, Posts First Ever Profit in Q3
Jack Dorsey’s financial services provider, Square, has reported its first quarterly profit of $20 million. The bitcoin-integrated payments company also beat Wall Street estimates for Q3 earnings and revenue. дальше »
2018-11-8 18:00 | |
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71 Million In Bitcoin Transactions In 2018
As required by law, Square Cash has submitted its quarterly earnings report to the US Securities and Exchange Commission (SEC). In the earnings report, it shows how much Bitcoin has transacted since the buying and selling service was revealed and how much profit has been made from it. дальше »
2018-8-6 00:30 | |
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Square Cash Quietly Reveals It’s Avoiding Public Cryptocurrency Exchanges
In its recently published quarterly report, Square revealed it’s channeling Bitcoin trades from its Square Cash application to private brokers instead of public exchanges. Jack Dorsey’s Square Cash application enabled Bitcoin purchases and sales for most users early in 2018, adding to its consumer payments suite. дальше »
2018-8-5 08:00 | |
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Square Cash App Bitcoin Profits Doubled in Q2 2018
Despite a market downturn, cryptocurrency is driving business across several industries worldwide. In Q2 2018, Square Cash app reported a 100% increase in profit from its Bitcoin trading transactions over the last quarter. дальше »
2018-8-3 16:00 | |
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Square Recorded a Tiny Profit on Bitcoin, But it Has the Potential to Improve Massively
Square pulled in $37 million in revenue from Bitcoin, but spent $36. 6 million to offer it on their Cash App, leading to a tight profit of $420,000. Although profitable, Square isn’t expecting cryptocurrency to drive major profits anytime soon. дальше »
2018-8-3 09:30 | |
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Bitcoin Trading Nets Square $37 Million in Q2 2018
Square has announced earnings of $37 million for the second quarter of 2018 on its peer-to-peer mobile money app, Square Cash. However, even though some of its financial results exceeded expectations, the company still made a net loss of $6 million across the business. дальше »
2018-8-3 04:00 | |
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$37 Million of Bitcoin Revenue Helps Square Accelerate Growth in Q2
Square has reported its Q2 2018 financial results, revealing that $37 million of Bitcoin-related revenue helped the company accelerate its growth during the period. While the company still made very little profit from cryptocurrency trading in Q2, management is content with not trying to push the monetization of the feature just yet. дальше »
2018-8-3 19:40 | |
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Chaincode Devs, Google Alumni Create Industry Group to Help Bitcoin Scale
Scaling has been a heated topic for the bitcoin community for some time. Further, even when a technology does become available, getting people to use it becomes the next big hurdle. дальше »
2018-7-20 17:33 | |
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