Businesses are catching on
While bitcoin still carries an aura of volatility and hype, a growing segment of pragmatic, forward-looking business owners is starting to see it differently. They view it as a tool for economic empowerment — one that helps them save on processing fees, reach new customers, and set aside a portion of sales in a form of savings that isn’t tied to traditional banks.
Within the Square community, 30% of businesses have expressed interest in Bitcoin Conversions4(converting a portion of daily sales into bitcoin), with the average owner willing to allocate around 12% of their sales to bitcoin. Among those exploring the feature, 89% plan to use bitcoin as a long-term savings strategy.
Square is making this adoption easier by weaving bitcoin directly into the same tools businesses already rely on to run their operations. In November 2025, Square businesses (with the exception of New York based businesses) will be able to accept Bitcoin Payments with no fees through 2026 or chargebacks — and enjoy instant access to their funds. Starting in October 2025, Square businesses will also be able to automatically convert a portion of daily sales into bitcoin as savings or investment using Bitcoin Conversions (with the exception of New York based businesses), with built-in reporting and tax features. And if you want more flexibility, you can buy, sell, hold, or withdraw bitcoin in the same secure environment.
The result is the first fully integrated bitcoin wallet for U.S. businesses. One that is built to help real businesses lower costs, diversify their savings, and give owners more control over how they grow from every sale.
