Square saw 1 million users buy bitcoin for first time during January’s upswing, CFO says

Square’s Cash App platform saw a surge in first-time bitcoin buyers last month, CFO Amrita Ahuja told CNBC on Wednesday. “We had 3 million people transact in bitcoin through Cash App in 2020 and 1 million who were new to bitcoin in January [2021],” Ahuja said on “Squawk Alley,” just a day after Square announced it bought more of the world’s biggest cryptocurrency with cash on the fintech company’s balance sheet.
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