Square’s Bitcoin Revenue Jumped to $65.5 Million in Q1, Its Highest Ever

Payments company Square reported its first-quarter earnings today, revealing strong growth in bitcoin sales through its Cash app. Founded by Twitter co-founder Jack Dorsey, Square reported $65.5 million in bitcoin revenue for the first quarter of 2019. Bitcoin costs, however, are listed at $64.7 million in the unaudited quarterly report, for a bitcoin profit of roughly $832,000. […]

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