Square Inc. $(SQ)$ plans to deepen its involvement in the world of bitcoin with a new business area, according to Chief Executive Jack Dorsey.
Square will be adding a business that's "focused on building an open-developer platform with the sole goal of making it easy to create non-custodial, permissionless, and decentralized financial services," he announced in a Thursday afternoon tweet . Square shares are up 0.7% in after-hours trading Thursday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments