Square Reports Mixed Q4 Results, Reveals a Further Push Into Bitcoin

Danny Vena, The Motley Fool
·2 min read
Square Reports Mixed Q4 Results, Reveals a Further Push Into Bitcoin

The results were mixed, as analysts' consensus estimates called for revenue of $3.22 billion and EPS of $0.24. The top-line results were skewed by the company's ongoing foray into Bitcoin (CRYPTO: BTC). The company also doubled-down on Bitcoin, saying it spent $170 million to acquire 3,318 Bitcoins.