Square Cash App Dominates: $1.8 Billion in Bitcoin Revenue in Q3 2025

Square saw a massive surge in Bitcoin revenue during the third quarter of 2025, driven by its popular Cash App. Payments firm Square said in its third-quarter earnings letter Thursday that its peer-to-peer payment service, Cash App, generated $1.82 billion of bitcoin revenue. That's right, Jack Dorsey’s payment company, Square generated $1.82 billion in Bitcoin revenue during the third quarter of 2025. Squarewhose peer-to-peer (P2P) application Cash App supports Bitcoin tradingrecorded an increase of 43% in revenue year-over-year for the quarter, largely thanks to this Bitcoin boom.

Square’s payment application, Cash App was a key factor in this impressive result. Check out the full story on Square Cash App revenue collection of 1.8 Billion Bitcoin in its Q3.

Bitcoin Profit Soars for Square

It wasn't just revenue; Square's Bitcoin Profit was up 29% in Q3. In the company’s Q3 2025 Shareholder Letter, published, we learned that Its bitcoin gross profit was $42 million during the time period, a significant increase year-over-year.

What's Driving the Growth?

The exact reasons behind this growth are detailed in the Square's Q3 report. What does its CEO Jack Dorsey have say? Stay tuned for further analysis on the factors contributing to Cash App's Bitcoin success and its impact on the broader cryptocurrency market.