May 6, 20201 min read, 243 words
Published: May 6, 2020 | 1 min read, 243 words
Square reports that Bitcoin composed the bulk of Cash App’s revenue in the first quarter, though it added much less to profit. 0:00 On May 6, Square released its . The filings publicized revenue for Square’s Cash App, a majority of which came from Bitcoin.$306 million of Cash App...
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Well Sourced
May 7, 2020
Detailed look into the numbers underlying Square’s Cash App financial performance in Q1, as well as historical trends.
May 7, 2020
Surface Level
May 7, 2020
Overall, the piece is a bit surface level, but it does provide some useful financials regarding the Cash App and the proportion of revenue and profits that it generates by selling Bitcoin for cash to consumers.
May 7, 2020