Square offers $50 Bitcoin incentive to first 20,000 merchants participating in BTC conversions
Crypto Briefing
Square is incentivizing the first 20,000 merchants with $50 in Bitcoin to enable its new BTC conversion feature.Summary
Square has launched a promotional campaign offering a $50 Bitcoin incentive to the initial 20,000 merchants who activate the "Bitcoin Conversions" feature on its platform. This initiative, driven by Square (owned by Block), is designed to accelerate Bitcoin adoption among small businesses by lowering barriers to entry for real-world crypto transactions. This follows Square's recent launch of a Bitcoin wallet solution for local businesses, which facilitates zero-fee BTC transactions through 2026 to encourage wider participation and seamless integration of BTC acceptance into everyday commerce, aligning with Block co-founder Jack Dorsey's vision.
(Source：Crypto Briefing)