The rumor mill has spun into action stating Amazon might soon be accepting bitcoin and other cryptocurrencies as a form of payment, which naturally kicked off a crypto rally in the early hours of Monday, as prices surged across the board. One company already reaping the benefits of increased BTC adoption is Square (SQ) and with the stock viewed as closely tied to bitcoin’s fortunes, the news could be a boon for the fintech player. Although, to be fair, Square does not seem to need a helping hand from anyone.
https://www.tipranks.com/news/article/square-looks-set-to-beat-earnings-expectations-analyst-says-buy?utm_source=advfn.com&utm_medium=referral
Square (NYSE:SQ)
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Square (NYSE:SQ)
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From Sep 2020 to Sep 2021 Click Here for more Square Charts.