Jack Dorsey's Square Evolves: Now Block, Fully Embracing Crypto

Jack Dorsey's company, formerly known as Square, is now Block, Inc., signaling a profound shift towards cryptocurrency, particularly Bitcoin. Block's commitment extends beyond simple holding; they are actively building a crypto-centric future for merchants and individuals alike. Hace 3 días Jack Dorsey’s company, Block, Inc, plans to let Square merchants accept Bitcoin payments using the Lightning Network. Announced at the Bitcoin 2025 conference, the rollout...

Bitcoin Integration Deepens for Square Merchants

The transformation includes significant advancements in Bitcoin payment acceptance for Square merchants. Block is enabling merchants to accept Bitcoin payments directly via the Lightning Network. This empowers businesses to engage with the growing cryptocurrency ecosystem.

From Conversion to Direct Crypto Payments

Hace 2 días Block first let merchants convert part of their daily takings into bitcoin in 2025. Now they’ll take crypto up front. When a customer pays, Square’s app handles the exchange rate... This evolution highlights Block's dedication to making Bitcoin a practical payment option. Initially, merchants could convert a portion of their daily revenue into Bitcoin. Now, Block simplifies direct crypto payments through Square's app, managing the exchange rate seamlessly.

Dorsey Confirms Bitcoin Payment Integration

Jack Dorsey himself has confirmed the ongoing Bitcoin payment integration for both Square and Bitkey. This direct involvement from the company's founder underscores the strategic importance of cryptocurrency to Block's future.

Significant Bitcoin Holdings and Development

Block currently holds a substantial 8,485 BTC, valued at over $700 million. This significant holding reflects Block's belief in the long-term potential of Bitcoin. Furthermore, Block is developing a full...

Looking Ahead: Block's Crypto Vision

Block's transition signifies a broader vision for a future where cryptocurrency plays a central role in commerce and finance. By embracing Bitcoin and developing innovative crypto-based solutions, Block is positioning itself as a leader in the evolving digital landscape. Block continues to innovate in the crypto space, paving the way for wider adoption and utility of Bitcoin.