Square Looks to Double Down on Cryptocurrencies

“Bitcoin, for us, is not stopping at buying and selling,” Square CEO Jack Dorsey told analysts on their earnings call as reported by Business Insider. “We do believe that this is a transformational technology for our industry and we want to learn as quickly as possible.”; bitcoin has yet to effect Square’s earnings as they have only recently started crypto payments; they currently include a margin to account for the volatility of bitcoin; shares were down slightly after releasing earnings. Source.

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.