Square (SQ) stock took off in 2020. Boosted by the rise of digital payments and the increasing adoption of its peer-to-peer Cash App, investors sent shares up by a massive 245% throughout the year.
Square’s success has been boosted by Bitcoin. Apart from the huge investment Square made last year by purchasing BTC worth $500 million (worth considerably more now), part of the Cash App’s appeal is for the easy way users can buy and sell Bitcoin.
With the leading cryptocurrency breaching new…
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