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Fortune

Sheryl Estrada

What Block’s CFO and finance team want peers to know about Bitcoin

Bitcoin Block Amrita Ahuja Cash App Square

Bitcoin logo is displayed on a smartphone with an illustration of graphs in the background. (Credit: Getty Images)

Good morning. There’s a growing trend among corporate treasuries to add bitcoin to their balance sheets as institutional acceptance and regulatory clarity increase.

Since 2020, fintech Block (No. 179 on the Fortune 500) has held bitcoin as part of its corporate assets. Beyond its merchant services and lending tools through Square, and investing features for Cash App users, the company recently announced Square Bitcoin—a fully integrated bitcoin payments and wallet solution launching Nov. 10 for businesses of all sizes.

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