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SQUARE'S NEW FEATURE LETS BUSINESSES CONVERT SALES TO BITCOIN - @Jack Dorsey's Square platform introduces a feature enabling businesses to automatically convert a portion of their daily sales into $BTC. - The feature is part of Block's initiative, the parent company of Square,… https://t.co/BRu3YoOQWW https://t.co/z58jmWdthj
JUST IN: @SQUARE APP ANNOUNCES NEW FEATURE THAT WILL ALLOW BUSINESSES TO AUTOMATICALLY CONVERT A PORTION OF THEIR SALES TO $BTC
Jack Dorsey's Square Will Convert Shops' Revenue to Bitcoin via Cash App ► https://t.co/mG22XOjKVb https://t.co/mG22XOjKVb
Block, the parent company of Square, has introduced a new feature starting today that allows Square merchants to automatically convert between 1% and 10% of their daily sales into bitcoin. This service is facilitated through the Cash App, as stated by Michael Rihani of Cash App. The initiative, spearheaded by Jack Dorsey, aims to provide millions of sellers an easy way to access bitcoin and diversify their financial holdings. The feature was rolled out with the intention of meeting merchant demands for simpler access to cryptocurrency investments.
