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Why Investors Like Square's Embrace of Bitcoin


Why Investors Like Square's Embrace of Bitcoin

In this segment of MarketFoolery, host Mac Greer is joined by David Kretzmann and Aaron Bush of Motley Fool Rule Breakers and Supernova to discuss Square (NYSE: SQ), shares of which jumped sharply after it announced a new bitcoin-buying option in its money-transfer service. What does this all really mean for the company -- and the cryptocurrency? What are the investment theses for each? And where do they stand on other cryptocurrency's initial coin offerings?

A full transcript follows the video.

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Source: Fool.com

Square Inc. Stock

€59.20
0.360%
The Square Inc. stock is trending slightly upwards today, with an increase of €0.21 (0.360%) compared to yesterday's price.
Currently there is a rather positive sentiment for Square Inc. with 5 Buy predictions and 0 Sell predictions.
As a result the target price of 87 € shows a positive potential of 46.96% compared to the current price of 59.2 € for Square Inc..
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