Square Crosses 1 Million Bitcoin-Enabled Merchants As Real-World Adoption Continues To Grow

Square has crossed 1 million Bitcoin-enabled merchants, with auto-enrollment beginning on March 30, and is expanding its push to make bitcoin usable as everyday money. The company is rolling out a tap-to-pay BTC feature and integrating bitcoin across its ecosystem. Block's Q1 2026 proof-of-reserves report shows holdings of 28,355.05 BTC worth roughly $2.2 billion.