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Square, Inc. ‘doubles down’ on crypto with $170M Bitcoin purchase
AMBCrypto
Wed, Feb 24, 2021 6:15 AM by AMBCrypto
Square, Inc. ‘doubles down’ on crypto with $170M Bitcoin purchase
In what is yet another development that highlights the value attached to cryptocurrencies by institutions, Square Inc. announced today that it has purchased another $170 million worth of Bitcoin, taking its total cash equivalents in the digital asset to five percent. “Why are we doing this? We believe the Internet needs a native currency and […]
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