Cryptocurrency Q&A
How much money does Cash App make from bitcoin trading?
How much money does Cash App make from bitcoin trading?
Isabella
Sat Feb 22 2025
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6
answers
1299
I'm curious about how profitable Cash App is from Bitcoin trading. I want to know the revenue or income that Cash App generates specifically from buying and selling bitcoins.
6 answers
HanjiHandiwork
Mon Feb 24 2025
This indicates that while bitcoin trading is a part of the company's business, it is not a significant revenue driver.
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Dario
Mon Feb 24 2025
The gross profit derived from the company's Bitcoin trading services constitutes a mere 5% of Cash App's overall gross profit.
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Alessandra
Mon Feb 24 2025
This percentage is significantly small when compared to the company's total financial performance.
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Isabella
Mon Feb 24 2025
In the year 2023, the Bitcoin trading services contributed only 3% to the company's total gross profit.
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Federica
Sun Feb 23 2025
The gross profit figures for the Bitcoin trading services in 2023 are equivalent to what was achieved in the first three quarters of 2021.
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