Block Says 800,000 Square Merchants Now Have Bitcoin Payments Enabled

Block said more than 800,000 Square businesses now have bitcoin payments auto-enrollment enabled as Miles Suter pitched bitcoin as everyday money at Bitcoin 2026. Block also unveiled a tap-to-pay bitcoin feature that uses NFC hardware and the Lightning Network and carries zero processing fees through 2026. On April 27, Block published Q1 2026 proof of reserves showing 28,355.05 BTC worth about $2.2 billion.

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