00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Block shares rose 4.20% in pre-market trading after Square rolled out automatic Bitcoin
00:07payments for eligible U.S. merchants, according to Benzinga. The feature allows sellers to accept
00:12Bitcoin that converts instantly to cash at checkout with no additional setup. In a post on X,
00:17Square said the feature will have no processing fees through 2026 and excludes merchants in New
00:21York. Launched in November, the system includes a conversion tool that allows merchants to convert
00:25up to 50% of card sales into Bitcoin. Converted Bitcoin is held in a square wallet for buying,
00:30selling, holding, or withdrawing. Bitcoin traded at $66, $796, down 2.87% in the last 24 hours,
00:39according to data from Benzinga Pro. Block shares were up by 1.88% at $57.03 in Tuesday's pre
00:45-market
00:45trading. For all things money, visit Benzinga.com.
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