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

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.

Updated May 9, 2023, 3:06 a.m. Published Feb 26, 2020, 9:35 p.m.
Square CEO Jack Dorsey
Square CEO Jack Dorsey