Square (NYSE: SQ), a cohesive commerce ecosystem that helps sellers start, run and grow their business, was featured in a recent LikeFolio analysis report that discussed an increase in consumer demand for the company. The report, written by LikeFolio Founder Andy Swan, reads, “Square is buzzing — alongside other crypto-involved names. This makes sense. After all, SQ holds a significant volume of Bitcoin on its balance sheet and has enabled consumers to buy and sell the cryptocurrency on its Cash App platform since early 2018. And take a look at SQ mentions… Square mentions increased +131% YoY in the past month. So…what do we do with this info? One perspective: Bitcoin may open the door, but new users are likely to pick up other services in Square’s ecosystem.”
For more information, visit Square.com/Investors.
About Square, Inc.
Square revolutionized payments in 2009 with Square Reader, making it possible for anyone to accept card payments using a smartphone or tablet. Today, the company builds tools to empower businesses and individuals to participate in the economy. Sellers use Square to reach buyers online and in-person, manage their business and access financing. And individuals use Cash App to spend, send, store and invest money. Square has offices in the United States, Canada, Japan, Australia, Ireland, Spain and the UK. For more information, visit Square’s Investor Relations website at Square.com/Investors.
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