Square: These Bulls Say It’s Not Just a ‘Bitcoin Play’ – Barron’s


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Square: These Bulls Say It's Not Just a 'Bitcoin Play'
Barron's
In a Wednesday note, the analysts at Nomura Instinet—Square bulls who recently suggested that the Cash App could be worth $20 per share by itself—pointed to recently Cash download numbers they say run counter to declining bitcoin prices.
Square's payment app thrives during bitcoin's fall, showing it's more than a crypto play: NomuraCNBC
Square Cash app downloads accelerating even as bitcoin loses steam, Instinet saysMarketWatch

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