Square Make a Massive Bet on Bitcoin, Buys 4K BTC Worth $50 Million
Describing the reasoning behind this relocation, Square’s primary monetary officer Amrita Ahuja stated he thinks that bitcoin has the possible to be “a more common currency” in the future. Continuing, he argued that as the cryptocurrency grows in adoption, they plan to “take part and discover in a disciplined method. For a business that is developing items based on a more inclusive future, this financial investment is an action on that journey.
