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TheBitcoinManual
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2023-11-06 08:14:14

TheBitcoinManual on Nostr: It's been doom and gloom for crypto companies for some time, they've been folding, ...

It's been doom and gloom for crypto companies for some time, they've been folding, sacking staff, going into administration or straight shutting down, but it's not the case for all of those in the space.

Block, the hodling company behind Cash App and Square stated that Bitcoin revenue accounted for approximately 43% of the $5.6 billion in revenue.

What’s even more incredible is the $44 million profit from its Bitcoin holdings, riding the surge in Bitcoin’s price.

Who says you can't build a business with only Bitcoin?

https://coinpedia.org/news/paypals-pyusd-stablecoin-faces-sec-scrutiny-cryptocurrency-community-reacts/
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