More from Forbes:
A Square spokesperson said in a statement: “We’re always listening to our customers and we’ve found that they are interested in using the Cash App to buy Bitcoin. We’re exploring how Square can make this experience faster and easier, and have rolled out this feature to a small number of Cash App customers. We believe cryptocurrency can greatly impact the ability of individuals to participate in the global financial system and we’re excited to learn more here.”
For now, the app only allows these users to buy, sell and hold Bitcoins, but not to make payments to friends with the cryptocurrency, which is the app’s primary function with dollars.
MasterCard (MA), PayPal (PYPL), Skechers (SKX) and Square (SQ) Ticker Guide
See all my holdings at http://my.fool.com/profile/CMFCochrane/info.aspx
Square CFO Sarah Friar on Mad Money, discusses bitcoin, and the business more broadly.
also long SQ