On Square's third-quarter call at the start of November, Dorsey outlined the digital payment company's recent launch of a Bitcoin mining system and a hardware Bitcoin wallet for consumers. Twitter (NYSE: TWTR) and Square (NYSE: SQ) CEO Jack Dorsey is a longtime cryptocurrency enthusiast, so it's not a shocker when he spends plenty of his conference call time on explaining how his companies are using digital currencies.
Let's start with a fairly obvious Bitcoin bull.
Jack Dorsey champions the Bitcoin network in many ways Here's a collection of the juiciest Bitcoin comments I've found in the latest earnings season's earnings calls. Some of the things they say are quite surprising - and the finest insights don't always come from the usual suspects. Nowadays, you'll find the leaders of well-known companies taking cryptocurrencies seriously, often discussing Bitcoin and its peers in their earnings calls. That investment would have doubled by now - but Bitcoin's returns over the same period made the stock market's generous gains look completely frozen by comparison:Īnd the Bitcoin chatter has moved far beyond the water cooler and the barbershop. Let's say you timed the stock market perfectly, buying into an S&P 500 index fund at the very bottom of the coronavirus crash in 2020. The widespread interest was sparked by Bitcoin's enormous price gains over the last year and change. The largest and oldest cryptocurrency is making headlines by the boatload, ranging from enthusiastic analyses of the digital currency's bright future to skeptical screeds focusing on its massive electric power requirements and uncertain value. It's no secret that Bitcoin (CRYPTO: BTC) is a hot commodity these days. Institutional Distribution Intelligence.Non-Traditional Exchanges & New Markets.Directors’ and Officers’ Questionnaires.
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