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The update from CNBC shows that the Square company has added $170 million worth of bitcoin to expand it bitcoin Investment of 4,703 bitcoin bought last year October.
The deal of $170 million was carried on Tuesday when bitcoin was $48,000.
The CEO, Jack Dorsey, said as at last year October the amount of bitcoin bought represent 5% of the company's asset. You can imagine what the company will worth when bitcoin eventually hit $100,000.
The deal of $170 million was carried on Tuesday when bitcoin was $48,000.
The CEO, Jack Dorsey, said as at last year October the amount of bitcoin bought represent 5% of the company's asset. You can imagine what the company will worth when bitcoin eventually hit $100,000.