Block's Lightning Network Achieves 9.7% Yield from Bitcoin Holdings
Square reports a 9.7% yield on Bitcoin holdings through its Lightning Network operations.
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Square reports a 9.7% yield on Bitcoin holdings through its Lightning Network operations.
Square is testing bitcoin payments during the Bitcoin 2025 conference in Las Vegas, with plans for broader availability pending regulatory approval.
An exploration of how Jack Dorsey and his payment platform Square, now Block Inc, are becoming significant contenders in the cryptocurrency space compared to PayPal.
Square is intensifying its focus on Bitcoin mining efforts while discontinuing its Web5 project, amidst a favorable environment for cryptocurrency following the recent U.S. presidential election.
Square has introduced a service allowing U.S. merchants to accept Bitcoin payments seamlessly, promoting broader cryptocurrency use.
The new Square service facilitates US businesses to accept Bitcoin in transactions, helping to foster cryptocurrency adoption.

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