Is Square (SQ) making money from Bitcoin?
Therefore, I think the coronavirus is driving the Cash App’s revenue growth.
Read MoreIn individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Therefore, I think the coronavirus is driving the Cash App’s revenue growth.
Read MoreGiven these numbers, payment processors are a value investment because they are cash-rich. PayPal is a very cash-rich company now, but Square could grow into a cash-rich company.
Read MoreBest of all, American Express is setting on a huge pile of cash. It reported $31.092 billion in cash and equivalents on 31 March 2018. That gives Amex the resources for a huge stock buyback or acquisition if it wants.
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