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Square sold more than $166M worth of bitcoin in 2018

by Frank Chaparro and Ryan Todd

February 27, 2019, 6:20PM EDT  ·  2 min read

by Frank Chaparro and Ryan Todd

February 27, 2019, 6:20PM EDT  ·  2 min read

Square, the payments unicorn led by bitcoin believer Jack Dorsey, reported earnings for the fourth quarter Wednesday evening that beat analyst estimates but fell short on guidance. 

At last check shares were down 6 percent at $74 per share in after-hours trading. Last year, the firm enabled bitcoin buys and sells on its Cash App platform, a rival to PayPal’s Venmo.