In other recent news, Block Inc. has announced the integration of bitcoin payments on its Square (NYSE: XYZ ) platform, marking a significant development in its payment system. This initiative, set to roll out in the latter half of 2025, will enable merchants to accept bitcoin directly, enhancing transaction speed and reducing costs. Additionally, Fitch Ratings has upgraded Block's Long-Term Issuer Default Rating from 'BB+' to 'BBB-', citing the company's improved profitability and cash generation. The rating upgrade affects approximately $5.8 billion of Block's outstanding debt.