Square Bought $170 Million in Bitcoin
February 23 2021 - 4:41PM
Dow Jones News
By Allison Prang
Square Inc. said Tuesday it bought $170 million in the aggregate
worth of bitcoin.
The payments company said it has bought about 3,318 bitcoins.
This purchase is on top of the company's prior purchase of $50
million worth of the cryptocurrency.
Square said Tuesday that with both purchases, the cryptocurrency
represents about 5% of the company's cash, cash equivalents and
marketable securities as of the end of last year.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
February 23, 2021 16:26 ET (21:26 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
Crypto (PK) (USOTC:CRCW)
Historical Stock Chart
From Aug 2024 to Sep 2024
Crypto (PK) (USOTC:CRCW)
Historical Stock Chart
From Sep 2023 to Sep 2024