Jack Dorsey tells people to use Block's Cash App, which now has a new feature to earn Bitcoin rewards.

Oct 1, 2026, 5:49 AM ETProductRead the original at Benzinga

Neutral

Block added optional Bitcoin rewards to Cash App, but users must opt in and rewards are taxable. Cash App volume rose 17%, and lending originations rose 59% in the second quarter, but the story does not link those gains to this feature.

XYZ · Block, Inc.

AI read · Neutral

The AI's read

The offer fits Block’s push to make Bitcoin useful in Cash App and its payment tools. Yet users must opt in, and the story gives no uptake or added-sales figures. Existing Cash App growth is not linked to this feature, so its effect on Block’s business is not established.

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