Originally published at: https://www.channel-sea.cc/cash-app-reports-1-96b-in-bitcoin-revenue-in-q4-2021-bitcoin-magazine/
Cash App said it generated $46 million of bitcoin gross profit during the fourth quarter of 2021, 14% year over year. Block, the parent company of Square, Cash App, Spiral, TIDAL, and TBD, released Cash App’s Q4 2021 results, which demonstrate how providing Bitcoin brokerage services might be a good business strategy. During Q4 2021,…