Jack Dorsey’s Square Reports $65M In Bitcoin Revenue

2019-5-3 10:05

Jack Dorsey’s mobile payments company, Square, has reported an impressive $65.5 million in bitcoin revenue this quarter, an-time high.… The post Jack Dorsey’s Square Reports $65M In Bitcoin Revenue appeared first on Invest In Blockchain.

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Источник: investinblockchain.com

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Square Cash Bitcoin Sales Will Overtake Mining Rate After 2020

Square’s Cash app reported record Bitcoin revenue once again, in its Q1 2019 earnings report. If growth continues at this rate, there could soon be 2 BTC bought on Square Cash for each one mined.

2019-5-3 01:00
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Square’s Q1 2019 Puts Up Impressive Revenue for Bitcoin of Nearly $66 Million, Profits Not as Lucrative

Square is a payment platform that was developed by the same creator of Twitter, Jack Dorsey, and the man has a specific interest in cryptocurrency. The payment platform sells Bitcoin on the Square Cash app, and the recent sales in the first quarter has remained high.

2019-5-2 17:12
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Twitter Billionaire Jack Dorsey’s Eye-Popping $1.40 Salary Puts Him in Trump Country

Billionaire Jack Dorsey might want to renegotiate his compensation package. Dorsey brought home a measly $1. 40 salary last year as Twitter’s CEO while the company generated revenue of $909 million in Q4 2018 alone.

2019-4-11 09:07	#twitter
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Square Bitcoin Revenue Success Contrasts Profit Warnings After Record Q4 Results

Square, which shares its CEO Jack Dorsey with Twitter, achieved just over $52 million in Bitcoin sales for Q4

2019-2-28 11:38	Payments
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Square Reports Biggest Bitcoin Revenue To Date At $52M

Square, the payment network from Twitter CEO Jack Dorsey, turned more Bitcoin revenue in Q4 2018 than at any time since it began support for the cryptocurrency. Q4 Beats Bitcoin Record Data from the company’s Q4 earnings report this week confirmed its Bitcoin sales topped $52 million, beating Q3’s $43 million and far outstripping the $37 million from Q2.

2019-2-28 11:00
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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.

2018-11-8 18:00
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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.

2018-8-5 08:00	#twitter
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Payment Platform Square Sees $37 Million in Revenue From Bitcoin Integration

Bitcoin (BTC)–Despite the growing perception that cryptocurrency offers little value to digital payment platforms, Square has published figures that show a gain in revenue valued in tens of millions of dollars for the second quarter of the year.

2018-8-3 01:42
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Jack Dorsey’s Square Obtains Ninth BitLicense Ever

Payments company Square, a side venture of Twitter CEO Jack Dorsey, is the ninth firm to have obtained a BitLicense by the New York State Department of Financial Services. Bitcoin purchases first became available on its app in other states in January, but revenue has barely covered the costs in Q1 2018.

2018-6-19 00:00	#twitter
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Cash App Creater Bob Lee Passes Away After Being Stabbed In San Fransicso

Bob Lee, who previously held the position of Chief Technology Officer at Square and was also behind the development of Cash App, passed away on Tuesday, April 4, due to injuries sustained from a stabbing incident that occurred in San Francisco.