Bitcoin Trading Generated $875M in Quarterly Revenue for Square

2020-8-5 12:15

Bitcoin trading drove $875 million in quarterly revenue for the U.S-based financial services firm Square, comprising a 75% gain over Q1 2020.

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Источник: cointelegraph.com

revenue square → Результатов: 55

American payments firm Square logs over $1 billion in Bitcoin revenue

Jack Dorsey’s Square in its recent quarterly earnings report has revealed that the firm made $1. 8 billion in Bitcoin revenue and $42 million in profits. Square’s Bitcoin quarterly revenue dips for the second time this year According to the report, the $1.

2021-11-6 08:00	Square
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Square Generates $43 Million in Bitcoin Revenue in Q3, Profits Reach $500,000

Mobile payments and merchant services provider Square, Inc. has revealed its Q3 revenue report, and with it has shared some positive growth in Bitcoin-related revenue. Square Shows Steady Continued Growth in Bitcoin Revenue According to Square’s third quarter 2018 revenue report, the mobile payment firm generated $431 million in adjusted net revenue – beating FactSet.

2018-11-10 01:00	#twitter
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Square’s Bitcoin (BTC) Revenue Continues to Climb

Bitcoin (BTC), Cryptocurrency–Despite the crypto markets entering the final months of 2018 in an ongoing bear cycle, cryptocurrency and financial services company Square has revealed that Q3 revenue was up $6 million, including a profit of $500,000.

2018-11-9 05:43
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Top Crypto News (Nov 8): SEC Shutdowns EtherDelta, Square’s Bitcoin, IBM, BitMEX, Binance, Bitmain

Bitcoin Investors Should Never Use Centralized Crypto Exchanges for Storing Crypto Assets Bitcoin Investors Should Never Use Centralized Crypto Exchanges for Storing Crypto Assets SEC Charges EtherDelta Token Trading Founder for Operating Unregistered Exchange Illegally SEC Charges EtherDelta Token Trading Founder for Operating Unregistered Exchange Illegally Square’s Shareholder Letter Shows $43 Million in BTC Revenue […]

2018-11-9 02:53	News
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Square, Boosted By Its Bitcoin Business, Posts First Ever Profit in Q3

Jack Dorsey’s financial services provider, Square, has reported its first quarterly profit of $20 million. The bitcoin-integrated payments company also beat Wall Street estimates for Q3 earnings and revenue.

2018-11-8 18:00
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Why Kazakhstan should stop worshipping Tesla and Uber

Imagine a country about five times the size of France with a population density of only six people per square kilometer. One could walk thousands of miles across the vast steppes without encountering a single human settlement.

2018-9-18 15:30	World
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Square Cash Quietly Reveals It’s Avoiding Public Cryptocurrency Exchanges

In its recently published quarterly report, Square revealed it’s channeling Bitcoin trades from its Square Cash application to private brokers instead of public exchanges. Jack Dorsey’s Square Cash application enabled Bitcoin purchases and sales for most users early in 2018, adding to its consumer payments suite.

2018-8-5 08:00	#twitter
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Square Makes $37 Million from Bitcoin in Second Quarter of 2018

According to Square’s 2018 shareholder letter, the payment company reported that they have continued to accelerate revenue growth in their second quarter of 2018. Their total net revenue in the second quarter increased by 48 percent year-over-year (YoY), and adjusted revenue increased 60 percent YoY.

2018-8-4 00:57	News
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Square Cash App Bitcoin Profits Doubled in Q2 2018

Despite a market downturn, cryptocurrency is driving business across several industries worldwide. In Q2 2018, Square Cash app reported a 100% increase in profit from its Bitcoin trading transactions over the last quarter.

2018-8-3 16:00	Square
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Square Processes More Than $71 Million in Bitcoin Transactions in 2018

Square Inc’s quarterly earnings report shows that the company is processing more Bitcoin transactions each quarter, though the growth is slow. According to the report recently submitted to the US Securities and Exchange Commission, the company reported revenue from Bitcoin at over $71 million in the first half of 2018.

2018-8-3 15:56	Bitcoin
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Square Recorded a Tiny Profit on Bitcoin, But it Has the Potential to Improve Massively

Square pulled in $37 million in revenue from Bitcoin, but spent $36. 6 million to offer it on their Cash App, leading to a tight profit of $420,000. Although profitable, Square isn’t expecting cryptocurrency to drive major profits anytime soon.

2018-8-3 09:30
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Bitcoin Trading Nets Square $37 Million in Q2 2018

Square has announced earnings of $37 million for the second quarter of 2018 on its peer-to-peer mobile money app, Square Cash. However, even though some of its financial results exceeded expectations, the company still made a net loss of $6 million across the business.

2018-8-3 04:00
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Payment Platform Square Sees $37 Million in Revenue From Bitcoin Integration

Bitcoin (BTC)–Despite the growing perception that cryptocurrency offers little value to digital payment platforms, Square has published figures that show a gain in revenue valued in tens of millions of dollars for the second quarter of the year.

2018-8-3 01:42
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$37 million of bitcoin revenue assist square accelerate increase in q2

Finance Square has reported its Q2 2018 financial results, revealing that $37 million of Bitcoin-related revenue helped the company accelerate its growth during the period. Also Read: Coinmarketcap Launches Professional API and Derivatives Markets $37 Million of Bitcoin Revenue Square Inc (NYSE:SQ), the developer of the mobile payment app Square Cash, has posted its financial

2018-8-3 21:56
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$37 Million of Bitcoin Revenue Helps Square Accelerate Growth in Q2

Square has reported its Q2 2018 financial results, revealing that $37 million of Bitcoin-related revenue helped the company accelerate its growth during the period. While the company still made very little profit from cryptocurrency trading in Q2, management is content with not trying to push the monetization of the feature just yet.

2018-8-3 19:40
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Square’s Profits from Bitcoin Double in Q2 2018

Square reports $37 million in revenue from its Bitcoin operations, but the profit remains modest.

2018-8-3 18:49	News
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Square’s Bitcoin Integration Turns $37 Mln Revenue in Q2 2018

Mobile payment service Square reveals $37 mln Bitcoin revenues for last quarter, up $3 mln from the previous quarter

2018-8-2 14:32	Adoption
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Mobile payment firm Square said it made $37 million in revenue from bitcoin sales in the second quarter of 2018. However, with the cost of facilitating bitcoin purchases mounting to over $36. 5 million in the same period, Square again chalked up a small margin of $420,000.

2018-8-2 13:41
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Mobile payment firm Square said it has made $37 million in revenue in the second quarter from its offering of bitcoin sales. However, with the cost of facilitating bitcoin purchases mounting to over $36.

2018-8-2 12:04
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Square Sees Bitcoin Sales Profits Double in Q2

Mobile payment firm Square said it has made $37 million in revenue in the second quarter that was generated by its offering of bitcoin purchases.

2018-8-2 09:00	Republished
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Jack Dorsey’s Square Obtains Ninth BitLicense Ever

Payments company Square, a side venture of Twitter CEO Jack Dorsey, is the ninth firm to have obtained a BitLicense by the New York State Department of Financial Services. Bitcoin purchases first became available on its app in other states in January, but revenue has barely covered the costs in Q1 2018.

2018-6-19 00:00	#twitter
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2020-8-5 12:15

revenue square → Результатов: 55

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