Square Stock: Jim Cramer's Bull Thesis

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Is Square  (SQ) - Get Report a Crypto Play?

Square's first-quarter earnings and sales topped analysts' forecasts amid explosive growth in digital transactions.

Adjusted earnings of 41 cents a share in the quarter topped analysts' forecasts for 17 cents. Revenue soared almost four times in the quarter to $5.06 billion.

Bitcoin revenue amounted to $3.51 billion, up from $306 million a year earlier and estimates of $2.06 billion.

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