[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Benzinga [@Benzinga](/creator/twitter/Benzinga) on x 305.6K followers Created: 2025-06-05 22:00:01 UTC Jack Dorsey, co-founder and executive chair of Block Inc., reaffirmed the company’s commitment to a Bitcoin-only strategy for its Cash App digital wallet. On X, he responded to praise for Cash App’s Bitcoin features by stating, "We are Bitcoin only. And improving rapidly." A user highlighted that Cash App allows direct deposits like paychecks to be converted into Bitcoin without fees or spreads, making it an efficient way to accumulate Bitcoin. The platform also increased Bitcoin withdrawal limits to $XXXXXX per day and $XXXXXX per week, up from $XXXXX and $XXXXX previously, marking a significant improvement. This commitment fits Block’s broader push to expand Bitcoin offerings, including launching a dashboard to help companies manage Bitcoin corporate holdings and enhancing its self-custody Bitcoin wallet with better safety, privacy, and usability. Additionally, Block is preparing to deliver its first Bitcoin mining hardware in the second half of the year, further solidifying its focus on Bitcoin.  XXXXX engagements  **Related Topics** [block inc](/topic/block-inc) [stocks technology](/topic/stocks-technology) [bitcoin](/topic/bitcoin) [coins layer 1](/topic/coins-layer-1) [coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem) [coins pow](/topic/coins-pow) [Post Link](https://x.com/Benzinga/status/1930746456480043076)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Benzinga @Benzinga on x 305.6K followers
Created: 2025-06-05 22:00:01 UTC
Jack Dorsey, co-founder and executive chair of Block Inc., reaffirmed the company’s commitment to a Bitcoin-only strategy for its Cash App digital wallet.
On X, he responded to praise for Cash App’s Bitcoin features by stating, "We are Bitcoin only. And improving rapidly." A user highlighted that Cash App allows direct deposits like paychecks to be converted into Bitcoin without fees or spreads, making it an efficient way to accumulate Bitcoin.
The platform also increased Bitcoin withdrawal limits to $XXXXXX per day and $XXXXXX per week, up from $XXXXX and $XXXXX previously, marking a significant improvement.
This commitment fits Block’s broader push to expand Bitcoin offerings, including launching a dashboard to help companies manage Bitcoin corporate holdings and enhancing its self-custody Bitcoin wallet with better safety, privacy, and usability.
Additionally, Block is preparing to deliver its first Bitcoin mining hardware in the second half of the year, further solidifying its focus on Bitcoin.
XXXXX engagements
Related Topics block inc stocks technology bitcoin coins layer 1 coins bitcoin ecosystem coins pow