Square Might Have a Bitcoin Problem – The Washington Post

On Thursday, the fintech firm — recognized for its service provider checkout system and its digital pockets Money App that permits person-to-person funds, inventory investing and Bitcoin buying and selling — reported lower-than-expected income for the quarter led to September, primarily resulting from disappointing outcomes from cryptocurrency buying and selling. That enterprise, which permits customers to purchase and promote Bitcoin by way of the app, producing charges for Sq. within the course of, had $1.82 billion in gross sales, up 11% from a 12 months in the past however considerably beneath the $2.47 billion median estimate of analysts surveyed by Bloomberg.

https://www.washingtonpost.com/enterprise/squaremighthave-a-bitcoin-problem/2021/11/04/aa2cdcee-3dc8-11ec-bd6f-da376f47304e_story.html?utm_source=rss&utm_medium=referral&utm_campaign=wp_business | Sq. May Have a Bitcoin Downside – The Washington Submit


PaulLeBlanc is a Interreviewed U.S. News Reporter based in London. His focus is on U.S. politics and the environment. He has covered climate change extensively, as well as healthcare and crime. PaulLeBlanc joined Interreviewed in 2023 from the Daily Express and previously worked for Chemist and Druggist and the Jewish Chronicle. He is a graduate of Cambridge University. Languages: English. You can get in touch with me by emailing: paulleblanc@interreviewed.com.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button