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Square Goes Full Crypto: Merchants Can Now Accept Bitcoin as Block Joins S&P 500 Elite

Square Goes Full Crypto: Merchants Can Now Accept Bitcoin as Block Joins S&P 500 Elite

Author:
decryptCO
Published:
2025-07-23 21:46:12
9
1

Square Begins Bitcoin Payments for Sellers as Block Stock Hits S&P 500

Jack Dorsey’s fintech empire just doubled down on Bitcoin—while Wall Street finally takes notice.


Bitcoin for Main Street

Square merchants woke up to a new payment option today: uncensorable, borderless bitcoin. No intermediaries, no legacy banking bottlenecks—just peer-to-peer digital cash settling in minutes.


From Crypto Pariah to S&P Darling

The rollout coincides with Block’s (née Square) ascension to the S&P 500—a symbolic victory for the company that bet big on crypto while traditional finance scoffed. ‘Too volatile’ they said. ‘A scam’ they insisted. Now? A $100B+ market cap says otherwise.


The Cynic’s Corner

Of course, the suits only care about the 500% stock surge—not the 14M+ Bitcoin wallets Square’s Cash App already onboarded. But hey, when the whales arrive late to the party, at least they bring liquidity.

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