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CashApp sold $7.11 billion worth of bitcoin to users in 2022.

The overwhelming majority appears to have been withdrawn to self custody.

Full Shareholder Letter: https://s29.q4cdn.com/628966176/files/doc_financials/2022/q4/Block_Shareholder-Letter-4Q22.pdf

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miles 🌞 · 184w

The amount of withdrawals we do is insane.

malcolm · 184w

Great work #[2] and team! Love to see it.

Chilidem · 184w

Strike vs CashApp. Not sure how this would scale beyond a $5 purchase, but interesting nonetheless. https://i.imgur.com/IGHnrwi.png https://i.imgur.com/FiFdJ9x.png

Bitcoin Make Cents · 184w

That’s awesome!

This is bullish.

Chris @ seedor_io · 184w

That's like... Tens of bitcoin 👀

🐉AT ₿01 · 184w

THAT MORNING BELL