• Market Cap: $266b

  • May 29, 2022

Bitcoin Dominates Jack Dorsey's Cash App in Q1 2020 with $306 Million Revenue

Square has reported $528 million in revenues in Q1 200, according to a shareholder letter issued by the firm on May 6th. Notably, around 60% of this was attributed to Bitcoin which contributed $306 million of the cash app revenue.

Market Capitalization of Square Surpasses that of Twitter

The market capitalization of Square ($30 Billion) has surpassed that of Twitter ($25 Billion).

Square Becomes The Latest Name to Get New York’s Coveted Bitlicense

Square has now become the latest name to get hold of the Bitlicense, issued by the New York DFS, allowing the company to operate in the state of New York.