Square CFO Friar on 2Q Results, Bitcoin Strategy

The video discusses Square's financial performance, highlighting a strong revenue growth but a weaker forecast. It outlines the company's strategy of investing in growth while maintaining financial discipline. Key investment areas include Omni-channel services and Cash App, with a focus on expanding utility and market reach. The integration of Bitcoin into Cash App is explored, along with future plans for enhancing consumer utility. The video concludes with insights into the evolving role of cryptocurrency in financial services.

What was the reported top-line growth for Square in the recent quarter?

• 40%

• 50%

• 60%

• 70%

Which acquisition did Square make to enhance its omni-channel capabilities?

• Stripe

• Venmo

• PayPal

• WEEBLE

What significant growth did the Cash App experience in the first six months of the year?

• Tripled in volume

• Remained the same

• Doubled in volume

• Quadrupled in volume

What is the primary focus of the Boost program introduced by Square?

• Lending services

• Rewards and loyalty

• Stock investments

• Cryptocurrency trading

How does Square view Bitcoin within the Cash App?

• As a temporary trend

• As a utility feature

• As the main investment focus

• As a replacement for cash