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SQUARE, INC.

(SQ)
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Square Considering Making Bitcoin Hardware Wallet, Jack Dorsey Says

06/04/2021 | 10:12am EDT

By Allison Prang

Jack Dorsey said on Twitter that his payments company, Square Inc., is considering making a bitcoin hardware wallet.

Mr. Dorsey, who is the CEO of Square in addition to Twitter Inc., has been a big proponent of the cryptocurrency.

"If we do it, we would build it entirely in the open, from software to hardware design, and in collaboration with the community," he said in his string of tweets.

"Bitcoin is for everyone," he added. "It's important to us to build an inclusive product that brings a non-custodial solution to the global market."

Square shares rose 2.4%.

Write to Allison Prang at allison.prang@wsj.com

(END) Dow Jones Newswires

06-04-21 1212ET

Stocks mentioned in the article
ChangeLast1st jan.
BITCOIN - EURO 3.35% 32800 Real-time Quote.33.94%
BITCOIN - UNITED STATES DOLLAR 3.49% 38747.89 Real-time Quote.29.20%
DJ INDUSTRIAL -0.24% 35058.52 Delayed Quote.14.56%
SQUARE, INC. -3.92% 251.73 Delayed Quote.20.38%
TWITTER, INC. -0.52% 68.33 Delayed Quote.26.85%
All news about SQUARE, INC.
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07/20Square launches small business banking
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07/20SQUARE : Introducing Square Banking, a Suite of Powerful Financial Tools for Sma..
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07/20Square Launches Square Banking, A Suite of Powerful Financial Tools for Small..
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07/19JEFF BEZOS : Stock Futures, -2-
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07/16SECTOR UPDATE : Financial Stocks Sputtering Near Friday Close
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More news
Financials (USD)
Sales 2021 20 384 M - -
Net income 2021 106 M - -
Net cash 2021 1 374 M - -
P/E ratio 2021 933x
Yield 2021 -
Capitalization 115 B 115 B -
EV / Sales 2021 5,56x
EV / Sales 2022 4,97x
Nbr of Employees 5 477
Free-Float 84,9%
Chart SQUARE, INC.
Duration : Period :
Square, Inc. Technical Analysis Chart | SQ | US8522341036 | MarketScreener
Technical analysis trends SQUARE, INC.
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 46
Last Close Price 261,99 $
Average target price 274,25 $
Spread / Average Target 4,68%
EPS Revisions
Managers and Directors
Jack Dorsey Chairman, President & Chief Executive Officer
Amrita Ahuja Chief Financial Officer & Treasurer
James Morgan McKelvey Independent Director
Lawrence Henry Summers Independent Director
David Alan Viniar Lead Independent Director
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