Twitter CEO led company Square bought 4,709 BTC for $50 million – Bitcoin reaches the mainstream

Square is making another big bet on bitcoin. The financial services company, which is led by Twitter co-founder and CEO Jack Dorsey, announced Thursday that it bought 4,709 bitcoins at the price of $50 million. After Square announced the investment, the price of one bitcoin rose more than 2% to about $10,900. Square is making … Continue reading Twitter CEO led company Square bought 4,709 BTC for $50 million – Bitcoin reaches the mainstream