Company News

Block to roll out bitcoin payments on Square

BTC Inc. will be the first to trial new payments feature at Bitcoin Las Vegas 2025

Square Brews up Innovation Across Bluestone Lane’s 65 Locations

With Square’s intuitive, powerful, and fully integrated commerce platform, Bluestone Lane goes full steam ahead on serving up employee and customer satisfaction

Square Financial Services, Inc. Receives FDIC Approval to Offer Consumer Loan Product Cash App Borrow

Square Financial Services, Inc. is approved to offer Cash App Borrow to customers nationwide and will continue to offer loans and banking options for businesses through Square Loans and Square Savings.

Block Becomes First Company in North America to Deploy the Latest NVIDIA GB200 Systems for Frontier Models

Block’s AI research will focus on solving problems to empower real people in the economy using open source technology

Block Names Anthony Eisen, Co-Founder of Afterpay and CEO of Reshop, to Board of Directors

Today we're welcoming Anthony Eisen to our Board of Directors.

Block Open Source Introduces “codename goose” — an Open Framework for AI Agents

Developed by Block engineers, codename goose allows developers (and soon, anyone) to turn LLM output into real-world action.

Introducing Block Open Source

Announcing our Open Source Program Office (OSPO) to drive collaboration, innovation, and community engagement.

Cash App’s Dedication to Customer Service and Protection

Block Announces Ticker Symbol Change to XYZ; To Report Fourth Quarter Results

We're changing our ticker symbol to XYZ, and we will release financial results for Q4 2024 on February 20, 2025, after market close.

Block’s Owen Jennings at the 2024 UBS Technology and AI Conference

At the 2024 UBS Technology and AI Conference, Business Lead Owen Jennings discussed Block’s work to reimagine financial services and commerce.

Block Invests $5 Million CAD in Alterna Savings, Furthering Support for Underserved Communities

The investment creates greater lending power through a continuous cycle of reinvestment, fostering commitment to economic inclusion.

Square, Afterpay, and Cash App Surpass Records This Black Friday and Cyber Monday With 144 Million Transactions

Data from Block’s commerce brands shows growth and adoption across in-store, online, mobile, and social channels.

New Report Highlights Opportunities for Blockchain and Digital Assets to Empower Businesses in Displaced Communities

Block and the European Bank for Reconstruction and Development (EBRD) explore how digital assets and cryptocurrencies can be a useful tool to support financial inclusion for businesses in displaced communities.

Square and Cash App Join White House’s Call to Action to Combat Image-Based Sexual Abuse

Learn what we're doing at Block to help fight against both non-consensual intimate images (NCII) of adults and child sexual abuse material (CSAM).

Square Financial Services Launches Grant Initiative to Drive Community Development in Utah

Calling all 501(c)(3) nonprofit organizations focused on community development in Utah: the application window for the 24 Squared grant initiative is now open.

Block Takes Over Brewery Yard at Tech Central, Cementing Commitment to Australian Tech Market

We've opened our doors in the historic Brewery Yard, Chippendale, bringing together teams from across our ecosystem in a new hub designed for connection and collaboration.

Block’s New Bitcoin Mining Chip to Be Part of an Ongoing Project with Core Scientific to Decentralize Mining Hardware

Block's Proto team and Core Scientific [Nasdaq: CORZ], one of the largest owners and operators of high-powered digital infrastructure for bitcoin mining and hosting services in North America, today announced an agreement to supply Core Scientific with Block’s new 3 nanometer (3nm) mining ASICs, built by the Proto team, representing approximately 15 EH/s (exahashes per second) of hashrate.

Block, Inc. Announces Upsize and Pricing of $2.0 Billion Offering of Senior Notes

Block, Inc. (NYSE: SQ) announced the pricing of $2.0 billion principal amount of its 6.50% senior notes due 2032

Block, Inc. Announces $1.5 Billion Offering of Senior Notes

Block, Inc. (NYSE: SQ) announced its intention to offer approximately $1.5 billion aggregate principal amount of senior notes.

Block publishes first Commerce and Climate Survey and announces its Sustainable Banking Initiative

The $25M investment aims at promoting sustainability through community lending.

Self-Custody Bitcoin Wallet Bitkey, Built by Block, Inc., Launches Globally, Widening Access to True Financial Ownership

Bitkey’s mission to give people more control over their bitcoin comes to life with an easy-to-use self-custody bitcoin wallet for people who want to truly own their bitcoin safely Bitkey includes a mobile app, hardware device, and a set of recovery tools, and is available today at bitkey.world for customers across 95+ countries.

Block Backs Indigenous Business Sector with AUD$3M Investment in First Australians Capital

Block, Inc. (NYSE: SQ) is investing AUD$3 million in capital to a new fund established by First Australians Capital (FAC) to support Indigenous businesses in Australia.

Block Names Neha Narula, Director of the Digital Currency Initiative at MIT Media Lab, to Board of Directors

Today, Neha Narula, Director of the Digital Currency Initiative at the MIT Media Lab, joins Block, Inc.’s Board of Directors, bringing her expertise in Bitcoin and open source technology to the team.

Block's Response to Inaccurate Short Seller Report

Block Inc. responds to inaccurate and misleading report from Hindenburg Research.

Block's First Social Impact Investment in UK: ART Business Loans

Businesses in the UK’s West Midlands that struggle to access finance from high street lenders are set to benefit.

Gridless, a Bitcoin Mining Company in East Africa, Raises $2M in Funding Led by Stillmark and Block, Inc.

The investment will support Gridless’s further expansion of bitcoin mines across African markets.

NACCA Partners with Block, Inc. on Private Indigenous Growth Fund Investment

Block invests $3 million CAD in Canada’s largest and most innovative Indigenous social impact fund.

Investor Day 2022

Block’s 2022 Investor Day goes deep into the company’s purpose, strategy, financials, and businesses.

Block to Hold Virtual 2022 Investor Day

Block Inc. 2022 Investor Day live webcast and replay of the event will be available on investors.block.xyz.

Block, Inc. Completes Acquisition of Afterpay

In conjunction with the acquisition, Block has appointed former Afterpay Director Sharon Rothstein to serve as a member of its Board of Directors.

Square, Inc. Changes Name to Block

The change differentiates the Square brand, which was built for the Seller business, from the corporate entity.

Square Announces Plans to Acquire Afterpay

The move will strengthen and enable further integration between its Seller and Cash App ecosystems.

Square Allocates $25 Million for Minority and Underserved Communities

Square shared the ideology behind the investments in a memo outlining how companies can make similar commitments.

Square Announces Early Access Programme for Ireland Businesses

Programme aims to provide Irish merchants with time and cost-saving solutions to facilitate growth and prosperity.

After 1 Year of COVID-19, Cashless Businesses Have More Than Doubled

Square, Inc. has published a comprehensive report highlighting the influence of COVID-19 on worldwide commerce.

Square Publishes 2020 Corporate Social Responsibility Report

Report offers a comprehensive overview of its ongoing commitment to responsible and sustainable business practices.

Square Announces Plans To Acquire Majority Ownership Stake In TIDAL

Additionally, Square plans to appoint Shawn "JAY-Z" Carter to its Board of Directors.

82% of Small Businesses Seek Financial Stability Amid Optimism for 2021

Survey findings from Square and Wakefield Research show that the majority of small business owners have a bright outlook for 2021, especially Millennial and minority-owned businesses.

Square, Inc. on FinCEN's Proposed Rule: Federal Comment Letter

Square Inc. shares a federal comment letter in response to FinCEN’s Proposed rulemaking on requirements for certain transactions involving convertible virtual currency or digital assets.

Square, Inc. Plans to be Net Zero Carbon for Operations by 2030

The company will also launch a clean energy investment initiative to help make the bitcoin supply chain greener.

Cash App Announces Definitive Agreement to Acquire Credit Karma Tax

Square, Inc. has reached a definitive agreement with Credit Karma to acquire Credit Karma Tax, its tax business, on behalf of Cash App.

Square, Inc. Invests $50 Million in Bitcoin

Square, Inc. (NYSE: SQ) made a significant investment by acquiring more than 4,000 bitcoins, totaling a purchase value of $50 million, as announced today.

Square, Inc. to Invest $100 Million in Minority and Underserved Communities

The investment aligns with Square’s purpose of economic empowerment.

Square Report Reveals the Pandemic Has Accelerated the Digital Economy

Square, Inc. has unveiled a new report shedding light on the impact of COVID-19 on worldwide commerce and changes in payment patterns.

Square Inc. Survey: 76% of Small Business owners grant time off to vote

A new survey conducted by Square and Wakefield Research, finds that a majority of U.S. small business owners think voting in the upcoming presidential election is important.

Welcoming the Stitch Labs Team to Square

Square Inc. announces acquisition of Stitch Labs, an operations management platform for growing commerce brands.

Square Report: Top 50 Cities Embrace eCommerce Post-COVID

A recent Square report unveils the 50 cities that have experienced the highest surge in eCommerce adoption following the COVID-19 pandemic.

Welcoming the Verse team to Cash App

We’re excited to announce the acquisition of Verse, a leading peer-to-peer payments application based in Spain.

Square to Hold 2020 Investor Day

Senior management will provide an overview of the company’s purpose and strategy, financials, and key business and product initiatives.

Welcoming the Dessa Team to Square

Square announces its acquisition of Dessa, a dynamic company headquartered in Toronto. Dessa specializes in developing cutting-edge machine learning applications that tackle meaningful real-world problems across various industries.

Square Completes Sale of Caviar to DoorDash

Square, Inc. has finalized the sale of Caviar to DoorDash, Inc., allowing Square to focus its resources and efforts on other areas of its business, while ensuring the continued growth and success of Caviar under the stewardship of DoorDash.

Square Survey: Small Business Owners' Predictions on US Cashless Society

Square has unveiled the findings of its latest survey, providing valuable insights into when small business owners anticipate a significant shift away from cash transactions and towards digital payments becoming the norm across the nation.

Square to Acquire Weebly

Square, Inc. announces it has entered into a definitive agreement to acquire Weebly, a technology company known for its user-friendly tools that enable customers to effortlessly create and manage professional websites and online stores.

Square Acquires Zesty to Expand Caviar’s Corporate Catering Business

Square, Inc. announces its acquisition of specific assets from Zesty, a catering platform known for its ability to promote healthier choices and enhance productivity within companies.

Square Acquires Entrees On-Trays, Expanding Caviar in Dallas-Fort Worth

Square, Inc. announces its acquisition of select assets from Entrees On-Trays, a highly regarded restaurant delivery service that has been catering to the Dallas-Fort Worth metroplex since 1986.

Square Comes to the UK

Square announces its expansion into the United Kingdom, introducing a game-changing solution for countless small and medium-sized enterprises throughout Britain.

Make Voting Easy

Square makes Election Day a company holiday.

Square Arrives in Australia

Square brings its products and services to Australia.

Square, Xoom and Latino Startup Alliance Award Latina-Owned CA Businesses

Square teams up with Xoom and Latino Startup Alliance Soy to create a program giving Latina entrepreneurs in California the opportunity to win $10,000 in financial support and mentorship.

Square Arrives in Japan

Square brings its products and services to Japan.

Visa and Square Award $200,000 to Small Business Owners

In partnership with Visa, Square announces the 20 winners of the Square Wallet Challenge.