Tagged: earnings report

May 8, 2020 @ 12:59 am By Omar Faridi  |  

Payments company Square (NYSE:SQ) revealed on May 6, 2020 that it generated $306 million in Bitcoin (BTC) revenue during Q1 2020. Square noted in its latest earnings release to investors: “Bitcoin revenue generated gross profit of $7 million in the first quarter of 2020.”  The… Read More

January 30, 2020 @ 4:41 am By Omar Faridi  |  

San Diego-based Silvergate Bank, which notably counts major digital assets exchanges Coinbase, Gemini and Kraken as its customers, has revealed that it had 804 crypto-related business clients (as of December 2019). The bank, which is well-known for its innovative businesses in Fintech, reportedly added 48… Read More