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RE: Square Buys $50 Million Worth Of Bitcoin And What It All Means by felander

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· @felander ·
Square bought 4,709 bitcoins at the price of $50 million. The investment represents almost 1% of the company's total assets as of the second quarter of 2020.

Its a symbolic gesture from Jack...  If he would mean it, it would be a lot more
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@forexbrokr ·
But wait until the dominos start falling and competitors start to match that 1%.  Maybe the next company's risk analysts say they should go 2%.

It's starting.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/hive-167922/@forexbrokr/re-felander-6bcqx9)
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