Jack Dorsey confirms Bitcoin payments for Bitkey and Square. Block prioritizes Bitcoin mining by developing a 3nm chip to improve efficiency and focuses on self-custody tools through Bitkey, bypassing third-party intermediaries. This shift reflects a broader strategy of leveraging Bitcoin’s utility in everyday transactions. While the company has plans to integrate Bitcoin payments across its services, there’s no specific launch date provided yet. Notably, Block has significantly increased its Bitcoin mining investments and is scaling back non-core projects like Tidal and TBD. The company has designed a 3nm chip to enhance mining capabilities and aims to create a comprehensive mining system, reflecting their ambition to become a leader in the Bitcoin infrastructure space. Dorsey’s long-standing support for Bitcoin continues to shape Block’s focus on practical solutions.