Market Cap: $1,975,203,902,777
24h Vol: $64,901,144,366
Cryptocurrencies: 22845
Markets: 83121
Cryptocurrencies: 22845
Markets: 83121
Market Cap: $1,975,203,902,777     
24h Vol: $64,901,144,366
Seeking Alpha 2021-02-08 16:53:45

Square stock rides up on Bitcoin surge

Square stock rides up on Bitcoin surge
Square ([[SQ]] +7.8%) stock gains as Bitcoin drives up past $43K after Tesla said it invested in the cryptocurrency and will accept Bitcoin for payment on a limited basis soon.Bitcoin has risen about 14% to $43.4K after sliding below $32K in late January.The fintech purchased $50M of the crypto in October; since 2018, the Square Cash app has allowed customers to trade Bitcoin.See how SQ's total return in the past year compares with the PYPL, Bitcoin, and the S&P 500 in chart below.Last October, PayPal ([[PYPL]] +3.6%) introduced its own service for trading Bitcoin, with plans to allow customers to pay for purchases with the digital currency.
esptco-banner img
Latest News

Videos

  • What are NFTs? How will it change the way we use things? Simply Explained!

  • Helium Mining: New HNT Mining Hotspots Revealed!

  • Top 5 Graphic Cards for Mining in 2022 : Discover the Best GPUs for Cryptocurrency!

  • 10 Ways to Make Money Via Crypto | Step by Step Guide to Make Money Online!

Our Partners

Hashing Ad Space
Inbound Junction
Magic Logix
Asimi
Crypto Marketing Agency, FINPR
Chainwire