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Block CEO Jack Dorsey Invites Businesses Using Square PoS System To Test Bitcoin Payments Feature - Coinbase Global (NASDAQ:COIN)
Benzingaยท2025-09-16 10:23

Group 1 - Jack Dorsey, co-founder and CEO of Block Inc., is encouraging Square merchants to test Bitcoin payments, indicating a push towards integrating cryptocurrency into everyday transactions [1][2] - The Bitcoin payment functionality is in the final stages of testing and is expected to roll out in the second half of 2025, reaching all eligible Square merchants by 2026 [3] - Dorsey advocates for Bitcoin as a transactional currency, emphasizing its need to transition from a store of value to a medium of exchange, referencing the original vision of Bitcoin as a "peer-to-peer electronic cash system" [4] Group 2 - As of the latest data, Bitcoin (BTC) is trading at $115,364, down 0.68% in the last 24 hours, while Block shares increased by 0.58% in pre-market trading after a 2.42% rise during the previous trading session [5] - Block's stock shows a high growth score, reflecting strong historical expansion in earnings and revenue, which positions it favorably compared to other cryptocurrency-linked stocks [6]