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Square Buys $170 Million Worth of Bitcoins

Tuesday February 23, 2021. 10:27 PM , from Slashdot
Square Buys $170 Million Worth of Bitcoins
Square said today it has purchased approximately 3,318 bitcoins at an aggregate purchase price of $170 million. From a statement: Combined with Square's previous purchase of $50 million in bitcoin, this represents approximately five percent of Square's total cash, cash equivalents and marketable securities as of December 31, 2020.

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