Square’s New Breakthrough, a Company Owned by the Former CEO of Twitter: Bitcoin Transactions Are Now Easier!

Jakarta, Pintu News – Jack Dorsey, former CEO and co-founder of Twitter, recently announced important news for the cryptocurrency community. Through a post on X, Dorsey revealed that Square, the payments company he founded, now supports Bitcoin (BTC) to Bitcoin (BTC) payments.

Jack Dorsey’s Long-term Vision for Bitcoin

With this integration, merchants or sellers using Square can now accept Bitcoin (BTC) as payment for the goods and services they offer. This marks a major step in the integration of Bitcoin into Square’s payment platform. In addition to BTC to BTC payments, Dorsey also mentioned other transaction options supported by Square, including from Bitcoin to fiat currency, from fiat to Bitcoin, and from fiat to fiat.

The platform makes it easy for users to choose their preferred option. Jack Dorsey has long believed that Bitcoin can be a functional currency as he thinks it is the best form of money. Dorsey has invested time and resources into developing an open-source project aimed at making Bitcoin the currency of choice for commerce around the world.

Read More: Bitcoin, Gold, & Silver Price Movements: Increased Correction Potential? Here’s What Analysts Say!

Bitcoin Integration in Everyday Life

This move marks the increasing utility of the major cryptocurrency, not only as a store of value and for speculative trading, but also for everyday use. This is in line with the vision of Bitcoin’s creator, Satoshi Nakamoto, who promoted Bitcoin as a medium of exchange.

Dorsey has proven critics’ skepticism of Bitcoin wrong, and now, many users of the Bitcoin community are asking for a map to help identify Square merchants. This, they say, will make it easier to access these merchants.

Bitcoin Market Strengthens as Institutional Demand Increases

In the broader crypto market, Bitcoin showed a price rebound as it jumped from around $102,000 to $106,000. At press time, the price has corrected and Bitcoin is trading at $105,174.93, reflecting an increase of 1.74% in the last 24 hours. Its trading volume also increased significantly by 37.85% to $71.21 billion.

Business intelligence firm Strategy’s decision to increase their Bitcoin portfolio may have added to the surge in trading volume. Strategy increased its holdings with the purchase of an additional 487 BTC worth approximately $50 million, which is the largest purchase since the end of September 2025, pushing the total portfolio holdings to 641,692 BTC.

Conclusion

This latest initiative from Square not only demonstrates the advancement of payment technology, but also the strengthening of Bitcoin’s position as a viable and effective currency for everyday transactions. By continuing to drive Bitcoin adoption, Jack Dorsey and Square are at the forefront of a digital revolution that will likely change the way we think about money and payments in the future.

Also Read: Bitcoin Poised to Surge After US Government Shutdown Deal: History Repeats?

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Reference

• U.Today. Jack Dorsey’s Square Launches Bitcoin Payments. Accessed on November 11, 2025