Twitter CEO Jack Dorsey’s payments service Square (NYSE:SQ) generated over $70 mln in Bitcoin revenues in the first half of 2018, the company revealed in a quarterly report to the U.S. Securities and Exchange Commission (SEC) August 1.
Square, which began offering users the option to buy, sell, and store Bitcoin in its wallet late last year, saw $37 mln in revenue from the cryptocurrency in Q2 2018, compared with $34 mln for the previous quarter.