Cash App Bitcoin Revenue, Profits Increase 600% Year-Over-Year On “Rising Demand”
Square Inc’s Cash App is just one of many ways CEO Jack Dorsey is exposing the public to Bitcoin. The payments firm added support for cryptocurrency purchasing in 2018 during a bear market, but demand has continued to climb. The company’s latest quarterly revenue reports have revealed some staggering figures. It also clearly shows the impact the crypto asset is having on their bottom line. Cash App Quarterly Revenue Figures Show Strength During Economic Turmoil Just ahead of Bitcoin’s peak at $20,000 in 2017, Square Inc’s Cash App began rolling