{"id":29828,"date":"2020-10-08T20:12:24","date_gmt":"2020-10-08T17:12:24","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=29828"},"modified":"2025-08-27T19:09:25","modified_gmt":"2025-08-27T16:09:25","slug":"square-reveals-motive-and-details-of-its-50-million-bitcoin-purchase","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/square-reveals-motive-and-details-of-its-50-million-bitcoin-purchase\/","title":{"rendered":"Square reveals motive and details of its $50 million Bitcoin purchase"},"content":{"rendered":"

Square explains how it decided to invest in bitcoin, how it executed a purchase of roughly 4,709 BTC, and outlined the methods used to secure custody of the assets.<\/p>\n

Square deemed it important to disclose this information, as other firms are also weighing similar opportunities.<\/p>\n

In \u0434\u043e\u043a\u0443\u043c\u0435\u043d\u0442\u0435<\/a> the company, which invested $50 million in the first cryptocurrency, stated:<\/p>\n

\n

\u201cGiven the rapid evolution of cryptocurrencies and the unprecedented uncertainty surrounding macroeconomic and currency regimes, we believe that now is the most appropriate time to expand our balance, largely USD-denominated, and make meaningful investments in bitcoin.\u201d<\/p>\n<\/blockquote>\n

According to the \u043f\u0440\u0435\u0441\u0441-\u0440\u0435\u043b\u0438\u0437\u0443<\/a>, \u0432\u043b\u043e\u0436\u0435\u043d\u0438\u044f \u0432 BTC \u0441\u043e\u0441\u0442\u0430\u0432\u0438\u043b\u0438 \u043f\u0440\u0438\u043c\u0435\u0440\u043d\u043e 1% \u043e\u0442 \u043e\u0431\u0449\u0438\u0445 \u0430\u043a\u0442\u0438\u0432\u043e\u0432 Square \u043d\u0430 \u043a\u043e\u043d\u0435\u0446 \u0432\u0442\u043e\u0440\u043e\u0433\u043e \u043a\u0432\u0430\u0440\u0442\u0430\u043b\u0430 2020 \u0433\u043e\u0434\u0430.<\/p>\n

\u0414\u043b\u044f \u0441\u043e\u0445\u0440\u0430\u043d\u0435\u043d\u0438\u044f \u043a\u043e\u043d\u0444\u0438\u0434\u0435\u043d\u0446\u0438\u0430\u043b\u044c\u043d\u043e\u0441\u0442\u0438 \u0438 \u0441\u043d\u0438\u0436\u0435\u043d\u0438\u044f \u0441\u0442\u043e\u0438\u043c\u043e\u0441\u0442\u0438 \u043f\u043e\u043a\u0443\u043f\u043a\u0438 Square \u043f\u0440\u0438\u043e\u0431\u0440\u0435\u043b\u0430 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u044b \u043d\u0430 \u0432\u043d\u0435\u0431\u0438\u0440\u0436\u0435\u0432\u043e\u043c \u0440\u044b\u043d\u043a\u0435 \u0447\u0435\u0440\u0435\u0437 \u043f\u043e\u0441\u0442\u0430\u0432\u0449\u0438\u043a\u0430 \u043b\u0438\u043a\u0432\u0438\u0434\u043d\u043e\u0441\u0442\u0438, \u0438\u0441\u043f\u043e\u043b\u044c\u0437\u0443\u0435\u043c\u043e\u0433\u043e \u0434\u043b\u044f \u0442\u043e\u0440\u0433\u043e\u0432\u043b\u0438 \u043a\u0440\u0438\u043f\u0442\u043e\u0432\u0430\u043b\u044e\u0442\u043e\u0439 \u0432 \u043f\u0440\u0438\u043b\u043e\u0436\u0435\u043d\u0438\u0438 Cash App. \u0424\u0438\u0440\u043c\u0430 \u0434\u043e\u0433\u043e\u0432\u043e\u0440\u0438\u043b\u0430\u0441\u044c \u0441 OTC-\u0431\u0440\u043e\u043a\u0435\u0440\u043e\u043c \u043e \u0441\u043f\u0440\u0435\u0434\u0435 \u043f\u043e\u0432\u0435\u0440\u0445 \u043f\u0443\u0431\u043b\u0438\u0447\u043d\u043e\u0433\u043e \u0438\u043d\u0434\u0435\u043a\u0441\u0430 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430. \u0421\u0442\u043e\u0440\u043e\u043d\u044b \u0438\u0441\u043f\u043e\u043b\u044c\u0437\u043e\u0432\u0430\u043b\u0438 \u0434\u043b\u044f \u0441\u0434\u0435\u043b\u043a\u0438 \u0441\u0440\u0435\u0434\u043d\u0435\u0432\u0437\u0432\u0435\u0448\u0435\u043d\u043d\u0443\u044e \u0446\u0435\u043d\u0443 \u0432 \u0442\u0435\u0447\u0435\u043d\u0438\u0435 \u043e\u0433\u043e\u0432\u043e\u0440\u0435\u043d\u043d\u043e\u0433\u043e 24-\u0447\u0430\u0441\u043e\u0432\u043e\u0433\u043e \u043f\u0435\u0440\u0438\u043e\u0434\u0430.<\/p>\n

\u041a\u043e\u043d\u0442\u0440\u0430\u0433\u0435\u043d\u0442\u0430 \u0432 Square \u043d\u0435 \u043d\u0430\u0437\u0432\u0430\u043b\u0438, \u043d\u043e \u043f\u0440\u0438\u0432\u0435\u043b\u0438 \u0441\u043f\u0438\u0441\u043e\u043a OTC-\u043f\u043b\u0430\u0442\u0444\u043e\u0440\u043c, \u0441 \u043a\u043e\u0442\u043e\u0440\u044b\u043c\u0438 \u0440\u0430\u0431\u043e\u0442\u0430\u043b\u0438 \u0440\u0430\u043d\u0435\u0435: Cumberland, itBit, Genesis \u0438 Circle.<\/p>\n

\u0414\u043b\u044f \u00ab\u0445\u043e\u043b\u043e\u0434\u043d\u043e\u0433\u043e\u00bb \u0445\u0440\u0430\u043d\u0435\u043d\u0438\u044f \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u043e\u0432 \u043a\u043e\u043c\u043f\u0430\u043d\u0438\u044f \u0438\u0441\u043f\u043e\u043b\u044c\u0437\u0443\u0435\u0442 \u0441\u043e\u0431\u0441\u0442\u0432\u0435\u043d\u043d\u043e\u0435 \u0440\u0435\u0448\u0435\u043d\u0438\u0435 SubZero \u0441 \u043f\u043e\u0434\u0434\u0435\u0440\u0436\u043a\u043e\u0439 \u0430\u043f\u043f\u0430\u0440\u0430\u0442\u043d\u043e\u0433\u043e \u043c\u043e\u0434\u0443\u043b\u044f \u0431\u0435\u0437\u043e\u043f\u0430\u0441\u043d\u043e\u0441\u0442\u0438, \u043a\u043e\u0442\u043e\u0440\u043e\u0435 \u043f\u0440\u0435\u0434\u0441\u0442\u0430\u0432\u0438\u043b\u0430 \u0432 2018 \u0433\u043e\u0434\u0443.<\/p>\n

In the second quarter of 2020, Square sold<\/a> bitcoins via Cash App worth $875 million.<\/p>\n

Subscribe to ForkLog news on Telegram: ForkLog Feed<\/a> \u2014 the full news feed, ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"

Square explains how it decided to invest in bitcoin, how it executed a purchase of roughly 4,709 BTC, and outlined the methods used to secure custody of the assets.<\/p>\n","protected":false},"author":1,"featured_media":29829,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1534],"class_list":["post-29828","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-square"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=29828"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29828\/revisions"}],"predecessor-version":[{"id":29830,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29828\/revisions\/29830"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/29829"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=29828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=29828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=29828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}