important notes
Square merchants can now accept and settle payments in Bitcoin or fiat using real-time conversion capabilities. Lightning Network integration eliminates payment delays and lowers transaction costs for merchants around the world. Following the announcement of Bitcoin payment functionality on November 10, Block Inc stock price rose 1.74%.
Square, the payments arm of Block Inc., officially rolls out Bitcoin
BTC
105 541 dollars
24 hour volatility:
1.1%
Market capitalization:
$2.11 trillion
Vol. 24 hours:
$7.257 billion
It provides transaction support for a global network of merchants and provides real-time conversion between BTC and fiat currencies.
Founder and longtime Bitcoin supporter Jack Dorsey confirmed the update in a post on X on Monday, noting that sellers can now conduct live trades on both Bitcoin and traditional payment rails. This move will allow Square sellers to receive payments from BTC to BTC, BTC to fiat, fiat to BTC, or fiat to fiat.
Our sellers can now receive BTC to BTC, BTC to fiat, fiat to BTC, or fiat to fiat. https://t.co/NnLsd3fgEb
— Jack (@jack) November 10, 2025
Integration with the Lightning Network allows Bitcoin transactions to be settled almost instantly, significantly reducing payment latency and processing costs. According to details, Square’s Bitcoin Lightning payments will also be compatible with bank-issued debit cards, credit cards, and crypto wallets.
Merchants can also toggle payment options to keep their proceeds in BTC or instantly convert them to USD or other fiat currencies.
Shares of Block (SQ), Square’s parent company, rose 1.74% to $66.56 per share on Nov. 10 with a market cap of $39.8 billion. Source: Nasdaq
At the time of publication, Block, Inc. (NYSE:SQ) was trading 1.74% higher at $66.56, valuing the company at approximately $39.8 billion. Notably, on October 31st, Square allocated a $50 reward to the first 20,000 sellers in the United States who enable the Bitcoin Conversation feature to encourage crypto-focused social interactions among sellers.
Best Wallet pre-sale soars to $17.2 million as financial institutions adopt crypto payments
As Square moves to accelerate Bitcoin adoption in global payments, strategic investors are poised for the next bullish cycle and are eyeing early-stage projects like Best Wallet (BEST).
Best Wallet offers secure storage, staking rewards, integrated multi-chain access, and combines self-custody with passive income opportunities.
best wallet pre sale
The Best Wallet pre-sale has already raised $16.9 million. Early participants have 48 hours to secure $0.027 of BEST tokens via the official Best Wallet website until the next price tier is unlocked.
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Disclaimer: Coinspeaker is committed to providing fair and transparent reporting. This article is intended to provide accurate and timely information but should not be taken as financial or investment advice. Market conditions can change rapidly, so we recommend that you verify the information yourself and consult a professional before making any decisions based on this content.
Ibrahim Ajibade is an experienced research analyst with a background supporting various Web3 startups and financial institutions. He holds a Bachelor’s degree in Economics and is currently studying for a Master’s degree in Blockchain and Distributed Ledger Technology at the University of Malta.
Ibrahim Ajibade on LinkedIn
