Square Bought $50 Million Worth of Bitcoin: What Does it Mean to Investors?
Fintech giant Square (NYSE: SQ) has allowed its Cash App customers to buy and sell bitcoin for some time now, and has some high-tech cryptocurrency initiatives underway. But Square just took its relationship with the leading cryptocurrency to the next level by purchasing $50 million worth of bitcoin as an investment. Here are the thoughts of Motley Fool analyst Jason Moser and Fool.com contributor Matthew Frankel, and what it might mean for shareholders.
Source Fool.com
