crypto

Economy News

Surging Bitcoin Boosts Income in Jack Dorsey’s Sq.

Jack Dorsey, co-founder and CEO of Twitter and digital funds agency Sq., makes good Yankee {dollars} on Bitcoin. Surging demand for the cryptocurrency drove Sq.’s first quarter revenue to 41 cents a share, exceeding Wall Road’s consensus estimate of 16 cents by about 156%. Sq.’s Money App permits prospects to buy the cryptocurrency. The corporate’s Bitcoin income rose 1,047% and…