Is Square Stock Just a Bitcoin Story?

Bitcoin has made quite the comeback in 2020. The cryptocurrency recently broke through to all-time highs, finally surpassing its 2017 peak of around $20,000. It currently sports a value of over $23,000 a coin. Square (NYSE: SQ), the fintech company known for point-of-sale (POS) solutions and peer-to-peer (P2P) payments, has made numerous investments and announcements involving bitcoin, possibly leading investors to think the two securities should move in tandem. 

Continue reading

Source Fool.com