Jack Dorsey's Square Surpasses Twitter with $30 Billion Market Value as Bitcoin Business Begins to Boom
December 22, 2018 8:25 AM Discuss Jack Dorsey is known for a lot of things in his career with technology and finance, but the two companies he owns that seem to have performed exceedingly well have been Square and Twitter. Square is a financial services provider that helps users make mobile payments through an app, while Twitter is a wildly popular social media platform, which is featured in its own app as well. Though both have done progressively well, it seems that Square has passed the market cap of Twitter. Since Square has made it possible for users to buy and sell Bitcoin on their platform last year, the platform has more than doubled its own market cap. Square is traded as a stock, and it resided comfortably around $37 per share in November last year. Now, a year later, the same stock is traded at $75.01 and holds a $30 billion market cap.
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Bitcoin Beats Twitter, Jack Dorsey's Square Market Cap Reaches $30 Billion
November 06, 2018 5:33 PM Discuss
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