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Square Sold $517 Million Worth of Bitcoin Via Its Cash App in 2019

Over 50 Percent of Square Merchants Ready to Accept Bitcoin, Survey Shows

Details from Square’s recent shareholder letter show that the company sold $517 million worth of Bitcoin in 2019 with sales of the top cryptocurrency accounting for about half of its revenue in Q4 of last year. Bitcoin Accounts for Half of Square’s Q4 2019 Revenue According to the company’s statement on Wednesday (February 26, 2020),

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