Square’s Bitcoin Efforts Generate $34 Million in Revenue, But Doubt Remains

Square's peer-to-peer Cash app supports the trading of Bitcoin. Photo credit: Square

Square announced the results (PDF) of its first-quarter 2018 earnings, and for the most part, it was pretty routine. But one thing that did stand out was the revenue that was generated from Bitcoin: $34 million. This was the first time the company revealed the figure, given the fact that it only started letting its… Continue reading Square’s Bitcoin Efforts Generate $34 Million in Revenue, But Doubt Remains