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Company

Square

Filtered to Funding & Financials ×
168 articles rising

Block’s planned H2 2025 Lightning rollout would let merchants accept bitcoin through Square hardware, extending Square beyond conventional card payments.

Who they are

Square is Block’s merchant-facing payments and commerce business, appearing in coverage as the hardware-enabled checkout platform through which Jack Dorsey’s company connects small businesses to payment services, financial products and, increasingly, bitcoin infrastructure.

The recent arc

Recent coverage has shifted from Square’s standalone growth reporting to Block’s operational reset and product strategy. In August 2024, Block reported Square profit up 15% year over year to $923 million while raising full-year guidance; by late 2025, Square Head of Product Willem Avé was discussing Block’s 2024 restructuring, AI automation, crypto and Lightning.

The most consequential current product story is Block’s plan to enable bitcoin payments on Square in H2 2025 via the Lightning Network and Square hardware. That expansion sits alongside early-2026 reporting from Wired that Block employees described falling morale amid rolling layoffs and Dorsey’s push for generative-AI tools, making execution and organizational capacity a central part of the latest coverage.

The tension

Coverage circles a tension between Square’s effort to broaden merchant payments through bitcoin, Lightning and automation and the need to preserve trust and operational discipline in a tightly contested, regulated payments market. PayPal is a recurring peer, the DOJ’s Visa case explicitly named Square and PayPal as competitors allegedly constrained by Visa, and the CFPB’s larger-participant rule places Square among major nonbank wallet and payment apps facing supervision.

Why it matters

If Square can turn its existing merchant hardware footprint into a usable Lightning acceptance channel while maintaining growth, it could make crypto payments a more concrete part of everyday seller infrastructure rather than a separate Block experiment. But the reported layoffs and culture concerns, along with regulatory scrutiny across digital payments, leave open whether the company can deliver that expansion without weakening the merchant experience that underpins the business.

Square has appeared in 168 articles since 2014-12. Coverage peaked in 2023Q4 with 4 articles. Frequently mentioned alongside Jack Dorsey, Twitter, PayPal, Bitcoin.

Articles
168
mentions
Velocity
+50.0%
growth rate
Acceleration
-0.500
velocity change
Sources
44
publications

Coverage Timeline

2024-08-02
CNBC 7 related

Block reports Q2 revenue up 11% YoY to $6.16B, vs. $6.28B est., Square profit up 15% to $923M, Cash App profit up 23% to $1.3B, and raises its FY 2024 guidance

MacKenzie Sigalos / CNBC :

2024-05-03
CNBC 22 related

Block Q1: revenue up 19% YoY to $5.96B, vs. $5.82B est., gross profit up 22% to $2.09B, Square profit up 19%, Cash App profit up 25%

Block Inc logo is seen displayed in this illustration taken, April 10, 2023.  —  Block reported first-quarter earnings after the bell that exceeded analysts' estimates.

2024-02-23
Reuters 16 related

Block reports Q4 revenue up 24% YoY to $5.77B, Square profit up 18% YoY, Cash App profit up 25% YoY, and forecasts Q1 adjusted EBITDA above est.; SQ jumps 12%+

Earnings Date  —  Forward Dividend & Yield  —  Ex-Dividend Date 1y Target Est Liz Kiesche / Seeking Alpha : Block stock surges after strong 2024 EBITDA guidance as Q4 2023 earnings miss Reinhardt Krau...

2023-11-03
MarketWatch 10 related

Block reports Q3 revenue up 24% YoY to $5.62B, vs. $5.4B est., profit up 21% YoY to $1.9B, Square profit up 15% YoY, and Cash App profit up 27% YoY; SQ up 10%+

‘Really what we expect to see next year is meaningful margin expansion,’ CFO says  —  Block Inc. reported better …

2023-09-08
TechCrunch 3 related

Square says the company has resolved a day-long outage that has left some small business owners unable to access their accounts or process credit card payments

Fintech giant Square says its services are coming back online after a day-long outage left small business owners unable to process payments.

2023-08-04
Reuters 12 related

Block reports Q2 revenue up 26% YoY to $5.53B, Square gross profit up 18% YoY to $888M, Cash App gross profit up 37% YoY to $968M; SQ drops 5%+

Almost Half of It From Bitcoin Tom Mitchelhill / Cointelegraph : Block posts 34% increase in Bitcoin revenue in Q2 but shares stumble Mastodon: Dare Obasanjo / @carnage4life@mas.to : Square's rename t...

2023-05-05
MarketWatch 9 related

Block reports Q1 revenue up 26% YoY to $4.99B, vs. $4.6B est., Square gross profit up 16% YoY to $770M, and Cash App gross profit up 49% YoY to $931M

Emily Bary / MarketWatch :

2023-02-24
CNBC 15 related

Block reports Q4 revenue up 15% YoY to $4.65B, vs. $4.61B est., Square gross profit up 22% YoY to $801M, and Cash App gross profit up 64% YoY to $848M

- Block stock rose slightly in extended trading after the payments company reported fourth-quarter revenue and gross profit that beat Wall Street's expectations.

2021-12-03
CoinDesk 2 related

Square's Block rebranding comes after years of making crypto integrations mainstream, although Block has downplayed the crypto elements so far

2021-09-15
Bloomberg 2 related

Persona, an identity verification startup used by Robinhood, DoorDash, and Square, raises $150M Series C led by Founders Fund at a $1.5B valuation

- Startup raises $150 million from Index Ventures, Coatue  — Clients include Robinhood, DoorDash, Square, Coursera

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Quarterly Coverage

Top Sources

Narrative

Square has appeared in 390 tech news articles since December 2014. The biggest stories include Square starts shipping its chip card reader with Apple Pay support; Samsung Pay now... and MobileCoin Chief Product Officer Bob Lee, who worked on CashApp as Square's CTO and on.... Frequently covered alongside Jack Dorsey, Twitter, Apple, Google, and Amazon.

Key Moments

2024Q2consumer -50pts
2024Q3enterprise -82pts; developer +9pts; consumer -14pts
2024Q4enterprise -18pts; developer -9pts; consumer +14pts

Relationships

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