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Square Buys $170 Million Worth of Bitcoins

Published by Slashdot on Wed, 24 Feb 2021


Square said today it has purchased approximately 3,318 bitcoins at an aggregate purchase price of $170 million. From a statement: Combined with Square's previous purchase of $50 million in bitcoin, this represents approximately five percent of Square's total cash, cash equivalents and marketable securities as of December 31, 2020.Read more of this story at Slashdot.
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