Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
No Result
View All Result
The Daily Hodl
No Result
View All Result

Cash App’s $30,000 Bitcoin (BTC) Giveaway Lights Up Cryptosphere

by Daily Hodl Staff
February 29, 2020
in Bitcoin
‏‏‎ ‏‏‎ ‏‏‎ ‏‏‎

Jack Dorsey’s mobile payments company Square, which has introduced millions of users to Bitcoin through the company’s Cash App, just sponsored Super Cash App Friday to give away $30,000 worth of BTC. The campaign is designed to introduce more mainstream users to cryptocurrency, allowing anyone 18 years old or older with an Instagram or Twitter account in the United States to enter the sweepstakes.

As of Friday, the sweepstakes had over 21,000 likes on Twitter.

It’s Super Cash App Friday and we’re giving away $30K in bitcoin. Quote tweet this post w/your $cashtag to enter to win $500 in BTC.

For good luck, tag an internet friend.

Must follow @CashApp to qualify. No purch nec. Void where proh. Official rules: https://t.co/P3knshma0s pic.twitter.com/pKjLH7qB5a

— Cash App (@CashApp) February 28, 2020

Square has also teamed up with TikTok to push Cash App to mainstream Millennials and to introduce millions of users to Bitcoin through a viral video and song, called Cash App, produced by musician and influencer Shiggy. The song has garnered over 136 million views.

With pop culture marketing efforts targeting Instagram, Twitter and TikTok users, Cash App has grown to 24 million active monthly users. As the second most popular finance app on the Apple Store, it reported $178 million in Bitcoin revenue last quarter.

In an interview with CNBC, Square chief financial officer Amrita Ahuja says Cash App’s marketing strategy is reaching a wide demographic.

“The way this team thinks about innovation is not just in the classic way that you innovate and watch a product and then optimize it as you see consumer results. But we also think about innovation in terms of how we reach our customers, whether that’s acquiring a customer, engaging with a customer, messaging with a customer. TikTok and some of the efforts there, along with other efforts, is really just an extension of how we think of innovation within the Cash App team.”

Growth of the Bitcoin-friendly app remains strong with total net revenue and gross profit increasing 147% and 104% year over year, respectively, in the fourth quarter of 2019.



Check Latest News Headlines


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/StudioFI

Submit a Press Release

Crypto Livewire – Press Releases

  • QuiverX to Integrate Chainlink Proof of Reserve To Power Transparent, Decentralized Crowdfunding
    January 15, 2021
  • The Online Family Office and High Net Worth Blockchain Conference
    December 22, 2020
  • How Blockchain Empowers Wuhan’s Digital Economy Growth – World Blockchain Conference
    December 14, 2020
  • SnapEx Adds LINK, BNB and TRX Alongside Sign-Up Bonus on a Sleek New App
    December 11, 2020
  • What’s the Role of Bots in Crypto Trading?
    December 3, 2020
Submit a Guest Post
Bitcoin
$36,084.00
$36,084.00
1.82%
Ethereum
$1,398.16
$1,398.16
4.96%
XRP
$0.293410
$0.293410
1.89%
Litecoin
$154.24
$154.24
2.92%
Bitcoin Cash
$512.06
$512.06
1.62%

Spotlight

  • Crypto Newcomer Erupts After Receiving Boost From DeFi Darling Andre Cronje
    January 15, 2021
  • Analysts Forecast Future of XRP As Coinbase Officially Delists Crypto Asset
    January 19, 2021
  • Chinese Bank Launches ATM Allowing Users To Convert Cash to Digital Currency
    January 12, 2021
  • Elon Musk Agrees Bitcoin Fixes ‘Inflationary Insanity’ in Fresh Debate on Future of Crypto
    January 16, 2021

DON’T MISS A BEAT

Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options

By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.

Check your inbox for confirmation email.

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX • Explore • Futuremash •
Crypto Livewire

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2020 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro

© 2020 The Daily Hodl

We use cookies to give you the best online experience possible. Continue browsing if you are happy with that, or see how to manage cookies.