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Square, Inc. is an American financial services, merchant services aggregator, and mobile payment company based in San Francisco, California. The company markets software and hardware payments products and has expanded into small business services. The company was founded in 2009 by Jack Dorsey and Jim McKelvey and launched its first app and service in 2010. It has been traded as a public company on the New York Stock Exchange since November 2015 with the ticker symbol SQ.

Square Buys Another $170 Million of Bitcoin, CFO Says $BTC Could Become ‘Native Currency of the Internet’

February 24, 2021

On Tuesday (February 23), FinTech firm Square (NYSE: SQ) disclosed that it had invested another $170 million in Bitcoin. Square was founded in February 2009, i.e. it is 11 years old, just like Bitcoin (BTC)....

Coinbase Becomes Square’s Crypto Patent Group Founding Member

December 5, 2020

Coinbase becomes Square's crypto patent group founding member. The Cryptocurrency Open Patent Alliance, also known as COPA, led by finance company Square, has recently adopted Coinbase as its main player. In ...

Bloomberg’s McGlone Thinks Bitcoin Could Hit $170K Over The Next Two Years

November 20, 2020

Bitcoin (BTC) has risen to rarely seen price highs, currently stalling between $17,000 and $18,500 before deciding on its next move. Gold recently broke all-time U.S.-dollar price highs, surpassing $2,000 per...

Square Crypto to Fund Designer with Mission to Improve BTC Wallet Usability

November 2, 2020

Square Crypto, the digital currency arm of the payments company headed by Bitcoin bull, Jack Dorsey, has announced the award of a grant to Maggie Valentine, a designer who is attempting to make Bitcoin wallet...

Corporations Purchase Bitcoin As Treasury Reserve

October 18, 2020

Corporations purchase Bitcoin as treasury reserve. Mobile payments giant Square, which boasts a market cap of $86.6 billion, announced on Oct 8 that it had invested $50 million in Bitcoin (BTC). Five days la...

Square Makes Massive Bet on Bitcoin, Buys 4K BTC Worth $50 Million

October 8, 2020

Square Inc., a payments company founded and run by Twitter CEO, Jack Dorsey, has made a significant purchase of a little over 4,700 bitcoins worth nearly $50 million. Having met financial obligations to share...

Square’s Bitcoin Revenue Tops Fiat Figures for Q1 2020

May 7, 2020

Square, a US-based mobile payments startup, announced its first quarterly figures on Wednesday and, interestingly, revenue from its Bitcoin-based services topped its mainstream financial services. The total ...

Square Capital Approved to Offer Corona Protection Loans

April 14, 2020

Square Capital, a wholly-owned subsidiary of payments company founded and run by Twitter CEO Jack Dorsey, is the latest non-bank institution approved to distribute loans to help small- to medium-sized busines...

Square to Launch Bank in 2021 Following Merchant Lending Approval

March 19, 2020

The United States’ Federal Deposit Insurance Corporation (FDIC) has given conditional approval to Square Financial Services for launching a bank charter. Revealed to the public on Wednesday, the new bank can...

Square’s 2019 Bitcoin Sales Touch $516 Million

February 27, 2020

Mobile payments startup Square on Wednesday reported that its CashApp generated over $178 million in revenue from the purchase of Bitcoin in the fourth quarter of 2019, making a profit of $3 million. This is...