Tip: The rise of Bitcoin is increasing the space and value of Square's CashApp stock.

09月
04
2020-9-4 16:25
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On September 4, the Wall Street Journal reported that major Square shares were up 28% last month and 166% year-to-date. Some analysts and investors have suggested that this is in large part because Bitcoin appears to be supporting the popularity of cash payment apps. The Cash app allows users to send money from their smartphones, make purchases with a prepaid debit card, and invest in personal Bitcoin and trading products. In August, Square announced that its Cash app generated $ 875 million in Bitcoin revenue for the second quarter.

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Tip: Bitcoin's Rise Boosts Square's CashApp Popularity, Increases Sharing
On September 4, the Wall Street Journal reported that major Square shares were up 28% last month and 166% year-to-date. Some analysts and investors have suggested that this is in large part because Bitcoin appears to be supporting the popularity of cash payment apps. The Cash app allows users to send money from their smartphones, make purchases with a prepaid debit card, and invest in personal Bitcoin and trading products. In August, Square announced that its Cash app generated $ 875 million in Bitcoin revenue for the second quarter.
2020-9-4 16:25

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