Square earnings: Bitcoin may generate buzz, but it's not what pays the bills

Nonetheless, there are still plenty of questions about Square's bitcoin efforts, and analysts will likely use Square's conference call to seek clarity on the matter. Tuesday's earnings report marks the first since Square announced bitcoin capabilities on the platform, and questions could include on whether …
Google Alert – bitcoin

Square will generate $30 million in annual sales from bitcoin in 2 years, Credit Suisse predicts

Credit Suisse raises its price target for Square shares because of its opportunity in the digital currency market. "We estimate that if Square can accumulate 10m bitcoin buyers over two years (tracking Coinbase's growth), this could drive an incremental $ 30m in revenue," the firm's analyst writes.
Google Alert – bitcoin