Why did square invest $170 million in Bitcoin?

Square also announced a $170 million purchase in bitcoin as part of its ongoing commitment to the cryptocurrency

Where can I find square (sq) financial results?

Square, Inc. (NYSE: SQ) has posted its results for the fourth quarter and full year of 2020 on the Financials section of its Investor Relations website at investors.squareup.com and filed these results with the Securities and Exchange Commission.

Will square's growth fade if bitcoin stops fueling it?

Square's extra-rapid growth will fade if Bitcoin stops fueling it. But its other businesses are also growing. Mid-size business gross payment volume (GPV) increased 43% in Q1, double the growth rate of total seller GPV. This segment is where the greatest opportunities lie for Square's seller business.

What happened to square revenue in 2022?

Square revenue rose 49.0% YOY to $1.5 billion, accounting for about 37% of total revenue. On Jan. 31, 2022, Block announced that it has completed its acquisition of Afterpay Ltd., an Australia-based financial technology ( fintech) company that offers a "buy now, pay later" ( BNPL) platform.