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Bitcoin crash


ramabeer

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46 minutes ago, Hydrockers said:

Asha anthe.

Manaki lekapote market podi ane gut feeling lo untam

Unte market perugudi ane feeling lo untam

#dreamsunlimited

@Spartan anthe ga kaka ?

 

 

Lol, I have 40 etherum FYI

i don’t give a sh*t about others  

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1 hour ago, Hydrockers said:

Asha anthe.

Manaki lekapote market podi ane gut feeling lo untam

Unte market perugudi ane feeling lo untam

#dreamsunlimited

@Spartan anthe ga kaka ?

 

 

agreed 

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Dont invest now guys it's too volatile.....45k support next 40k idhi break ayithe 20k malli revisit chese chances vunnayi... so endhuku risk cheppandi ...

Reasons Multiple vunnayi..

1) profits theesukunnaru

2) stocks down

3) Microstrategy selling bitcoin ani rumor spread ayyindhi...actual gaa ayithe vallu 1 billion inka kondham anukuntunnaru. 

4)Elon gaadi tweet ...

Prasthuthaaniki ayithe chaala volatile vundhi konni rojulu wait cheyyandi thelisipoddhi..usually every yr march -june bearish vuntadhi crypto market so ee saari ela vuntadho no one knows

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Square, Inc. Announces Fourth Quarter and Full Year 2020 Results

Square also announced a $170 million purchase in bitcoin as part of its ongoing commitment to the cryptocurrency

February 23, 2021 04:00 PM Eastern Standard Time

SAN FRANCISCO--(BUSINESS WIRE)--Square, Inc. (NYSE: SQ) has posted its results for the fourth quarter and full year of 2020 on the Financials section of its Investor Relations website at investors.squareup.com and filed these results with the Securities and Exchange Commission.

Square will host a conference call and earnings webcast at 2:00 p.m. Pacific time/5:00 p.m. Eastern time today to discuss these financial results. To register to participate in the conference call, or to listen to the live audio webcast, please visit the Events & Presentations section of Square’s Investor Relations website at investors.squareup.com. A replay will be available on the same website following the call.

Square also announced today that it has purchased approximately 3,318 bitcoins at an aggregate purchase price of $170 million. Combined with Square’s previous purchase of $50 million in bitcoin, this represents approximately five percent of Square’s total cash, cash equivalents and marketable securities as of December 31, 2020.

Aligned with the company’s purpose, Square believes that cryptocurrency is an instrument of economic empowerment, providing a way for individuals to participate in a global monetary system and secure their own financial future. The investment is part of Square’s ongoing commitment to bitcoin, and the company plans to assess its aggregate investment in bitcoin relative to its other investments on an ongoing basis.

About Square, Inc.

Square, Inc. (NYSE: SQ) builds tools to empower businesses and individuals to participate in the economy. Sellers use Square to reach buyers online and in-person, manage their business, and access financing. And individuals use Cash App to spend, send, store, and invest money. Square has offices in the United States, Canada, Japan, Australia, Ireland, Spain and the UK.

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MicroStrategy spends $1.03 billion more on bitcoin

By Reuters Staff

1 MIN READ

Feb 24 (Reuters) - MicroStrategy Inc on Wednesday said it bought about 19,452 more bitcoin worth around $1.03 billion cash at an average price of about $52,765 each. (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Bernard Orr)

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