Square’s Cash App Bitcoin Revenue Surges 600% to $875 Million in Q2, Profit Up…

Bitcoin.com | Aug 6, 2020 at 4:15 PM
  • Its Cash App generated $875 million in revenue, a 600% increase from the previous year.
  • The company’s net revenue, including bitcoin revenue, was $1.92 billion, an increase of 64% year over year.
  • Excluding bitcoin, Cash App’s revenue for Q2 2020 was $325 million, up 140% year over year.