Is Square Stock A Buy On Cash App, Afterpay Growth Outlook?
Square stock bulls focus on its merchant, Cash App and Afterpay synergies. Management touts Cash App banking services as a key growth driver.
Square stock bulls focus on its merchant, Cash App and Afterpay synergies. Management touts Cash App banking services as a key growth driver.
Block, the company behind Square, Cash App and other services, announced a new program today allowing merchants using Square's solutions to convert a percentage of their daily sales to bitcoin. The feature, rolling out in the U.S. starting today, will transfer 1-10% of Square sellers' daily sales to their personal Cash App account. Merchants will receive a confirmation of the conversion when the transaction is complete.
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