Square Cash Bitcoin Sales Will Overtake Mining Rate After 202031.2

Square’s Cash app reported record Bitcoin revenue once again, in its Q1 2019 earnings report. If growth continues at this rate, there could soon be 2 BTC bought on Square Cash for each one mined.

Jack Dorsey’s financial services provider, Square, posted another quarter of record BTC sales through its Cash app. In its Q1 2019 earnings report, it announced $65.5 million in bitcoin revenue for the quarter; up almost 25% on the previous quarter’s record sales at the time of $52.4 million.

Original source
https://bitcoinist.com/square-cash-bitcoin-sales-will-overtake-mining-rate-after-2020/

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