Ilaria
Tue Jul 16 2024
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7 answers
1220
How much will square's new purchase of bitcoins cost?
Could you please elaborate on the financial implications of Square's recent acquisition of bitcoins? I'm particularly interested in understanding the estimated cost of this transaction. Given the volatile nature of cryptocurrencies, what factors might have influenced Square's decision to purchase bitcoins, and how much did it ultimately cost them? Furthermore, what implications does this significant purchase have for Square's financial standing and long-term strategic objectives?
