fintechMarch 1, 2018
Square Looks to Double Down on Cryptocurrencies
“Bitcoin, for us, is not stopping at buying and selling,” Square CEO Jack Dorsey told analysts on their earnings call as reported by Business Insider. “We do believe that this is a transformational technology for our industry and we want to learn as quickly as possible.”; bitcoin has yet to effect Square’s earnings as they have only recently started crypto payments; they currently include a margin to account for the volatility of bitcoin; shares were down slightly after releasing earnings. Source.