Square’s Bitcoin Q4 2018 Revenue Was At $52M
I’m super happy to continue reporting great news this week. Square – the payment network from Twitter’s Jack Dorsey – posted a record Bitcoin revenue for Q4 2018. The sales topped $52M, which is $9M higher than Q3 and $15M higher than Q2.
Square’s Cash app enables users to buy and hold Bitcoin since last year. This option appears to be highly popular among Square’s mainstream user base. So Twitter is behind another revolution: back in the days the platform got us all hooked up in writing short and precise texts, today it helps to spread crypto knowledge as far as possible.
Jack Dorsey is known for his crypto support and enthusiasm, so there is little surprise that he’s behind the success of Square. Check his views on Bitcoin as the crypto of the Internet here.