Advertisement



Multi-billion dollar financial services company Square touches Bitcoin in several ways. It holds more than 8,000 BTC on its balance sheet. Its mobile payments platform Cash App, which lets users buy bitcoin instantly, netted some $495 million in gross profit in the first quarter of 2021. And its CEO, Jack Dorsey, also runs the most popular social media platform for Bitcoin discussion in Twitter.

But no arm of the company is more directly involved in fostering the Bitcoin network than Square Crypto. This branch, led by project manager Steve Lee, provides educational content like “The Book Of Bitcoin Mythology,” attempts to improve the energy consumption of Bitcoin mining through a clean energy initiative and propels technical work on the Bitcoin protocol and its second layers through development kits and financial grants to developers.



Source link

Advertisement

LEAVE A REPLY

Please enter your comment!
Please enter your name here