Bitcoin News: Square to Establish 15 Madison Avenue Bitcoin Studio
New York, New York – Square, Inc., the financial services and mobile payment company led by Twitter CEO Jack Dorsey, has announced plans to establish a 15 Madison Avenue Bitcoin Studio in New York City. The studio will serve as a hub for Bitcoin education, community engagement, and the development of new Bitcoin-related products and services.
“We believe that Bitcoin has the potential to be the native currency of the internet and we want to make it easier for people to buy, sell, and use Bitcoin,” said Square CEO Jack Dorsey. “This new studio will provide a physical space for our team to collaborate with the community and create new solutions for the Bitcoin ecosystem.”
The Bitcoin Studio will be located in the heart of New York City’s NoMad neighborhood, known for its tech-forward businesses and vibrant startup scene. The studio will feature a variety of interactive exhibits, workshops, and educational programs designed to help people learn more about Bitcoin and its potential applications.
Square has been a vocal proponent of Bitcoin for several years. In 2018, the company launched Cash App, a mobile payment service that allows users to buy, sell, and hold Bitcoin. Cash App has become one of the most popular Bitcoin platforms in the world, with over 30 million active users.
The new Bitcoin Studio is a significant investment in the future of Bitcoin and represents Square’s commitment to making the cryptocurrency more accessible and user-friendly. The studio is expected to open in early 2023 and is expected to become a major destination for Bitcoin enthusiasts and the broader tech community alike.
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