Square Mention volume is rocketing, exhibiting sequential QoQ growth in nearly every quarter since we've been tracking this name.
In 20Q4,Square mentions increased +16% QoQ, +67% YoY.
This rate is accelerating in current quarter, pacing +84% YoY (shaded bar on the chart above).
The crazy part?
Amid the surge in mention volume, Consumer Happiness increased +13% YoY. This is not typically the case during massive adoption of a new product or service.
Bottom line: Square is making more users, happier.
In 20Q3, Square's Bitcoin transaction revenue soared -- LikeFolio data shows "investing in crypto" mentions at an all-time high in the last quarter (+743% YoY), with Bitcoin demand recently surpassing 2017 highs.
Square is building an ecosystem hinged on more than credit card processing and peer-to-peer payments.