Square released their financial results and 10Q for the first quarter of 2019. In the financial statements, they break out revenues from Bitcoin which surged to $65,528,000 from $34,095,000 in the prior quarter.https://www.sec.gov/Archives/edgar/data/1512673/000151267319000007/q1fy19squareinc10-q.htmThey are growing revenues in that space very rapidly. However, it's not exactly a hugely profitable business yet as of that revenue, only $832,000 was net profit. Still, interesting to see how much activity is happening on the Square app.
Submitted May 02, 2019 at 04:37AM
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