Square announced that they have invested $50 million into Bitcoin and the stock has reacted positively. This is huge news for Square and for Bitcoin.

In this video I go over everything you need to know about Square's (SQ) $50 million investment into Bitcoin (BTC). I cover the significance of this for Square and for the Bitcoin eco-system.

Following the announcement by MicroStrategy, Square is now the second public company to announce that they have put some of their treasury into BTC. I am confident that this is just the beginning of a massive inflow into BTC by both companies and institutions.

We are slowly moving towards mass bitcoin adoption and Square are one of the few public companies who are leading the way and staying ahead of the curve. Legacy financial institutions are going to get left in the dust.

Jack Dorsey is very public about his belief in the bitcoin protocol and under his leadership Square is heavily investing in the bitcoin eco-system. I am confident that Square stock is going to be a decade leader.

#square #bitcoin #squarestock

Link to Michael Saylor / Pomp podcast:    • Pomp Podcast #385: Michael Saylor On ...  

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