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Square Declares It Won’t Buy More Bitcoin, Cites Network’s Carbon Footprint

Technology Manias – EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Square, a fintech and digital payments company, has declared earlier today it doesn’t have plans to purchase more bitcoin in the near future. The company also referred to the carbon footprint of the Bitcoin network and how it is a real issue that needs to be tackled in the future. Square Doesn’t Plan to Purchase More Bitcoin Square, one of the most popular fintech payment processors in the industry, has declared it doesn’t plan to buy more bitcoin in the foreseeable future. The declarations were made by Square’s CFO Amrita…

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Square Declares It Won’t Buy More Bitcoin, Cites Network’s Carbon Footprint was first posted on May 14, 2021 at 5:03 pm.
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