Square Inc. shares are rising 2% in premarket trading Wednesday after CEO Jack Dorsey tweeted overnight that the company was “turning on bitcoin for a lot more Cash app folks right now.” A separate tweet from company’s Square Cash account said that capabilities would be going to “more of our most active customers.” Square said in November that it had started to allow a small number of users of its Square Cash peer-to-peer payments app to buy and sell bitcoin through the platform. Square shares have soared 176% so far in 2017, compared with a 17% gain for the S&P 500 . The price of Bitcoin has risen 1231% in that time.
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