It's not the first time Square has invested in bitcoin — the firm bought $50 million worth of the digital currency last year. Dorsey is one of bitcoin's most well-known proponents, having once said he believes it will eventually become the "single currency" of the internet.announced Wednesday that it's bought another $1 billion worth of bitcoin. MicroStrategy wasn't that well known before it began investing in the cryptocurrency.
Bitcoin had a rough start to the week, slumping from a record high of $58,356 Sunday to as low as $45,501 on Tuesday. It's not unusual for bitcoin to undergo wild bouts of volatility — the digital token infamously climbed to nearly $20,000 in 2017 before entering a bear market the following year. Bitcoin is still up more than 70% year-to-date and over 400% in the last 12 months. The crypto asset's stunning rally has garnered the attention of everyone from
EmilyGlazer $BTC doesn't create goods, services, nor jobs.
EmilyGlazer This is only the beginning.
EmilyGlazer Old news MicroStrategy
EmilyGlazer Bitcoin if it works then it should not be a currency that make s the people to regret they have it,
EmilyGlazer good luck
EmilyGlazer if bitcoin was the future they would have invented it instead of money back in the 17 th century
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.