Tag: Square

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Bitcoin Buyers for Square’s Cash App Doubled in Q3 2019

November 7, 2019

Square’s Cash App reports that first-time Bitcoin buyers almost doubled in Q3 2019, despite the low profit margin on BTC sales. According to its Q3 2019 shareholder letter, Square’s Cash App reported many new first-time Bitcoin (BTC) buyers, but low profits related to its Bitcoin business. On Nov. 6, payment processing giant Square issued a…
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Jack Dorsey: You Can Buy a Fraction of Berkshire Stock or ‘Stack Sats’

October 25, 2019

Jack Dorsey, CEO of Twitter and Square, announced that Square’s Cash App is poised to enable users to purchase fractions of stocks alongside Bitcoin. Jack Dorsey, CEO of Twitter and Square, announced that Square’s Cash App is poised to enable users to purchase fractions of stocks — with an entry of as little as $1.…
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