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CashApp and Grayscale consumed over 50% of all new issuance in Q1.
— ListedReserve (@listedreserve) May 7, 2020
Square hits record purchases
In Q1 2020, Square purchased $306 million Bitcoin, it's highest quarterly amount ever.
Up 72% from Q4'19 and 367% year-over-year.
This in a quarter marked by one of Bitcoin's worst sell offs in history. pic.twitter.com/8rWAGoUMcu
— Ryan Watkins (@RyanWatkins_) May 6, 2020