Square buys $170M more of Bitcoin, now holds 5% of its reserves in BTC

posted 8 months ago
Financial services outfit Square just announced it has bought more Bitcoin.

Square “has purchased approximately 3,318 bitcoins at an aggregate purchase price of $170 million... 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.”
Tags: news, bitcoin