Jack Dorsey’s Block Adds Bitcoin Payments for 4 Million Merchants

The Block, the company that owns Square, now allows over 4 million merchants worldwide to accept Bitcoin payments. 

The feature comes with zero fees until 2027 and includes a simple tool that lets businesses automatically convert part of their sales into Bitcoin, making adoption simple and seamless in daily operations.

CEO Jack Dorsey led the launch, saying Block aims to connect digital assets with traditional payments as part of his vision to make Bitcoin a global financial standard. Merchants can now turn on Bitcoin and regular payments from their Square dashboard, with all transactions securely processed on the Bitcoin blockchain for easy tracking.

Bitwise CEO Hunter Horsley said that 4 million merchants can now accept Bitcoin payments, adding, “Zoom out: it’s all happening,” to show the growing move toward digital currency in daily transactions. The launch comes as Bitcoin trades near $105,000, showing rising trust and confidence in cryptocurrency’s growing role in global finance and payments.

Block Adds More Bitcoin Features Despite Lower Earnings

Block’s recent financial results were slightly below expectations, with earnings of $0.54 per share compared to the predicted $0.67 and revenue of $6.11 billion, which was slightly under the forecasted $6.31 billion. 

Despite the lower earnings, Square’s total payment volume grew 12% compared to last year, showing strong merchant use and stability in its core business. This growth comes as Block increasingly integrates Bitcoin into its payment platform.

Market analysts view the integration as an important step for digital payments, making transactions faster, cheaper, and easier for merchants of all sizes, especially for cross-border payments.

The move demonstrates growing acceptance of Bitcoin as a payment method and highlights Block Inc. as a leading innovator in financial technology, with the global rollout marking a major step in cryptocurrency integration.