2019-2-28 13:22 |
Square recorded $167 million in Bitcoin revenue for 2018, reflecting increasing popularity but profit margins remain slim.
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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.
2018-8-3 09:30 | |
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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.
2018-8-3 04:00 | |
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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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Finance 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. Also Read: Coinmarketcap Launches Professional API and Derivatives Markets $37 Million of Bitcoin Revenue Square Inc (NYSE:SQ), the developer of the mobile payment app Square Cash, has posted its financial
2018-8-3 21:56 | |
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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.
2018-8-3 19:40 | |
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Square reports $37 million in revenue from its Bitcoin operations, but the profit remains modest.
2018-8-3 18:49 | |
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Mobile payment service Square reveals $37 mln Bitcoin revenues for last quarter, up $3 mln from the previous quarter
2018-8-2 14:32 | |
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Mobile payment firm Square said it made $37 million in revenue from bitcoin sales in the second quarter of 2018. However, with the cost of facilitating bitcoin purchases mounting to over $36. 5 million in the same period, Square again chalked up a small margin of $420,000.
2018-8-2 13:41 | |
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Mobile payment firm Square said it has made $37 million in revenue in the second quarter from its offering of bitcoin sales. However, with the cost of facilitating bitcoin purchases mounting to over $36.
2018-8-2 12:04 | |
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Mobile payment firm Square said it has made $37 million in revenue in the second quarter that was generated by its offering of bitcoin purchases.
2018-8-2 09:00 | |
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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 | |
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