jack dorsey

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Square With Over $1B in Bitcoin Revenue in Q3 2020

6 Nov 2020 1 minute read 3 comments author_nan

Financial services company Square, in its Q3 2020 earnings report published on Nov. 5, revealed that it had generated over $1 billion in revenue from Bitcoin (BTC) in the third quarter. Square’s CashApp drew in $1.63 billion, which pushed its gross...

Square Buys $50M Worth of Bitcoin

9 Oct 2020 1 minute read 4 comments author_nan

Payments company Square has doubled down on its cryptocurrency positions, announcing on October 8 that it had purchased $50 million worth of Bitcoin (BTC). Saying that the purchase “underscores Square’s purpose of economic empowerment”, Square’s pur...

Jack Dorsey is bullish about Bitcoin

8 Oct 2020 1 minute read 0 comments kreesher

Square goes all in and invested $50 Million in Bitcoin. As part of an investment strategy Square the company owned by Jack Dorsey (CEO of Twitter) has acquired more bitcoin to its portfolio. This acquisition was bought with 1% of the company's asset...

Jack Dorsey Disagrees with Coinbase CEO's Apolitical Stance

1 Oct 2020 1 minute read 0 comments author_nan

Twitter and Square CEO Jack Dorsey has spoken up against Coinbase CEO Brian Armstrong’s letter to employees regarding the exchange’s apolitical stance on September 28.  In the open letter, Armstrong touched upon several topics, but the overall idea...

Twitter Founder May Put Significant Amount of Money into Bitcoin, Analyst Says

22 Sep 2020 1 minute read 7 comments author_nan

Well-known cryptocurrency analyst Willy Woo commented on Bitcoin (BTC) and the state of the cryptocurrency market on Twitter on September 18, and suggested that Twitter CEO and co-founder Jack Dorsey may be readying himself for a big investment in Bi...

Jack Dorsey Once Again Praises Bitcoin, Calls it 'Best Manifestation' of a Digital Currency

14 Sep 2020 1 minute read 0 comments author_nan

Twitter CEO and co-founder Jack Dorsey, in an interview with Reuters on September 10, offered yet more praise for Bitcoin (BTC), but also emphasizing the need for it to be made more intuitive for mainstream adoption.  Dorsey believes that Bitcoin is...

Bitcoin Becomes the Dominant Revenue Stream for Square's Cash App

5 Aug 2020 1 minute read 1 comment author_nan

Square’s focus on digital assets has resulted in tremendous results for the company, as on August 4 a shareholder letter revealed that its Q2 Bitcoin sales are greater than fiat sales.  Launched in 2017, it has only been just over 2 years since Squar...

Problems ahead for Twitter CEO Jack Dorsey and his staff.

18 Jul 2020 1 minute read 0 comments alberdioni8406

Since the Twitter hack incident where more than 130 high profile attacked more voices are raising demanding more explanations about, and now the American Senate seems to get involved and will ask for more info directly to the social media CEO Jack Do...

Twitter to Sponsor NASCAR Car With Bitcoin Logo on it

15 Jul 2020 1 minute read 7 comments author_nan

Twitter will sponsor NASCAR driver Bubba Wallace and his team, as revealed by a tweet posted by CEO and founder Jack Dorsey. He tweeted an image with both the Bitcoin (BTC) logo and the Cash App on a NASCAR car. Cash App is a product of Square, of wh...

Twitter CEO on Bitcoin: "No one person can stop it"

27 Apr 2020 1 minute read 3 comments author_nan

Twitter Chief Executive Officer (CEO) and co-founder Jack Dorsey was interviewed on Lex Fridman’s podcast on April 24, and the entrepreneur had plenty of good things to say about Bitcoin, calling it “one of the most seminal works of computer science...