In the third quarter of 2019, Square's Cash App reached record Bitcoin sales. Sales amounted to $148 million, which is 20% more than in the previous quarter, and 245% more than in the third quarter of 2018.
Bitcoin sales in the Cash App
Bitcoin news showed the total BTC sales through the Cash App amounted to about 14,300 BTC.
Also in a letter to investors, Square noted that for the first time during the operation of the Cash App, the number of Bitcoin buyers doubled.
Interesting in the section: Investors will be interested in Bitcoin when the price reaches $150,000
- On October 25th, the Cash App officially announced support for stock trading. With the Cash App, users can purchase stocks at the best prices starting at $1.