Block Inc.

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.

Square has crossed 1 million Bitcoin-enabled merchants, with a wave of auto-enrollment beginning on March 30, allowing customers to pay in Bitcoin while merchants receive USD settlements. The rollout is powered by the Lightning Network. Block's strategy centers on integrating bitcoin across its ecosystem.

Jack Dorsey's Block, the parent company of Square, disclosed holding $2.2 billion in Bitcoin during the first quarter of the year. The revelation highlights the company's significant investment in the cryptocurrency.

Jack Dorsey's Block Inc. disclosed holding 28,355 BTC (worth $2.2 billion) as of March 2026, including customer assets.