According to MarketWatch, as bitcoin prices rose, the payment app Cash App, a payment company's Square, announced on July 26 that it would donate $50,000 worth of bitcoins for free. In addition, according to MarketWatch data, Square's share price rose by about 56% in 2019, to $57.2 at the beginning of the year, and $81.8 as of the press release. On the other hand, according to Coin360 data, Bitcoin appreciated by about 157% over the same period. According to previous reports, Square has provided bitcoin deposit services to all Cash App. It's worth noting that Square's founder, Jack Dorsey, who is also the founder of Twitter, has been building a team dedicated to improving the overall level of encryption infrastructure.