Square Buys Up $50M In Bitcoin
PYMNTS
OCTOBER 8, 2020
Square , the FinTech payments company headed by Twitter CEO Jack Dorsey, announced on Thursday (Oct. 8) that it has invested $50 million — approximately 1 percent of its total second-quarter assets — to purchase roughly 4,709 bitcoins. “We In both cases, the purchases amount to a long-term bullish bet on bitcoin.
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