Square

Square

Square Puts 1% of Total Assets in Bitcoin in Surprise $50M Investment

Danny NelsonOct 8, 2020

Jack Dorsey's payments company is the second publicly traded firm to put some portion of corporate reserves into bitcoin, following MicroStrategy's $425 million all-in bet.

Patents

Square Forms Group to Stop Patent Hoarding From Stifling Crypto Innovation

Paddy BakerSep 10, 2020

Square said the Cryptocurrency Open Patent Alliance (COPA) will allow companies to access and share tech innovations with one another.

Podcasts

The Market Reacts to Square’s $50M Bitcoin Buy

Nathaniel WhittemoreOct 8, 2020

Reactions from Bitcoin Twitter and beyond as Square puts 1% of its treasury assets into bitcoin.

Square

Square Reports 600% Increase in Quarterly Bitcoin Revenue

Paddy BakerAug 5, 2020

Jack Dorsey's Square has seen one of the largest quarterly increases yet for its bitcoin business.

Sport

Jack Dorsey’s Cash App Sponsors NASCAR Driver Bubba Wallace

Daniel PalmerJul 15, 2020

The NASCAR driver has a new sponsorship deal with Jack Dorsey's Cash App. His car will sport the bitcoin logo at race events.

Square

PayPal

PayPal, Venmo to Roll Out Crypto Buying and Selling: Sources

Ian Allison

Fintech giant PayPal plans to roll out direct sales of cryptocurrency to its 325 million users, according to three people familiar with the matter.

Exchanges

Just-Launched Ziglu Wants to Make It Stupid Easy to Buy Crypto

Ian Allison

U.K.-based cryptocurrency platform Ziglu has launched, following a $6.6 million seed round.

Square

Square Unveils Bitcoin Auto Payments Tool

Paddy Baker

Jack Dorsey's mobile payments company Square allows users to set up automatic bitcoin payments.

Square

Bitcoin Revenue in Square’s Cash App Tops Fiat Revenue for First Time in Q1

Brady Dale

Bitcoin profit through Square’s Cash App was $7 million in the first quarter of 2020. It earned $8 million in bitcoin profit through the whole of 2019.

Coronavirus

US Treasury Approves Square as Coronavirus Stimulus Lender

Leigh Cuen

Square, the bitcoin-friendly company behind Cash App, announced Monday it is participating in the U.S. government’s emergency Paycheck Protection Program.

Square

Payments Unicorn Square Gets Limited Bank Charter for Merchant Lending

Nathan DiCamillo

Square Financial Services was given conditional approval by the FDIC Board for an Industrial Loan Company bank charter on Wednesday.

Square

Bitcoin Drove Half of Square’s Cash App Revenue in the 4th Quarter

Brady Dale

Square reported bitcoin revenues of $178 million between Nov. 1 and Dec. 31, 2019, with profits of $3 million, up 50 percent over the prior two quarters.