Square Bought 4,500 Bitcoins

Square Bought 4,500 Bitcoins 1024 500 Crypto Rand Group
Square Bitcoins

Square announced today that they bought 4,500 Bitcoins, worth 50 Million Dollars, as they believe it to be a tool for Economic Empowerment.

According to Square, “everyone should be able to participate and thrive in the economy—so we’re building easy tools to empower and enrich everyone.”

By buying bitcoins, Square is taking an opportunity to enter a new market, and trace a path to “build a similar ecosystem of services as Cash Apps for individuals, providing financial access to all and allowing anyone to send, spend, and save money all from one app.”

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