Sunday, August 1, 2021

Square reports Q2 revenue of $4.88B, up 143% YoY, while its Cash App service's bitcoin yearly revenue was $2.72B, up 200% (Greg Ahlstrand/CoinDesk)

Greg Ahlstrand / CoinDesk:
Square reports Q2 revenue of $4.88B, up 143% YoY, while its Cash App service's bitcoin yearly revenue was $2.72B, up 200%  —  Cash App's bitcoin gross profit rose to $55 million, Square said in its Q2 letter to shareholders.  —  Jack Dorsey's Square said its Cash App service's bitcoin …



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Sources: the US office responsible for the $52B CHIPS Act will lose ~40% of its staff, including ~40 who are probationary, as Trump cuts the federal workforce (Mackenzie Hawkins/Bloomberg)

Mackenzie Hawkins / Bloomberg : Sources: the US office responsible for the $52B CHIPS Act will lose ~40% of its staff, including ~40 who ...