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Block lets Square merchants convert a part of their daily sales to bitcoin

Block announced a new program today allowing merchants using Square's solutions to convert a percentage of their daily savings to Bitcoin.

The feature, rolling out in the U.S. starting today, will transfer 1-10% of Square sellers’ daily sales to their personal Cash App account. “Block believes that bitcoin is an instrument of economic empowerment and provides a way for people around the world, including business owners, to participate in a global monetary system,” the company said in a statement. “According to direct feedback from Square sellers, many are interested in bitcoin and believe it presents a wide range of use cases, such as long-term savings and diversifying their businesses’ holdings.”

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