Cash App is introducing recurring Bitcoin purchases for US customers. The feature lets people schedule automatic orders at daily, weekly, or bi-weekly intervals. Jack Dorsey, who leads both Square and
Cash App is introducing recurring Bitcoin purchases for US customers. The feature lets people schedule automatic orders at daily, weekly, or bi-weekly intervals. Jack Dorsey, who leads both Square and Twitter, announced the rollout Monday via his Twitter account.
The minimum purchase is $10. Someone might buy $10 in Bitcoin every day, or spread the same amount over a two-week stretch. Cash App operates a similar recurring-order system for stocks.
Advertisement
728×90
Dorsey laid out the mechanics in his announcement: "You can now do automatic recurring purchases of Bitcoin in Cash App. Daily, weekly, or every 2 weeks. And change the display to sats." Sats refers to satoshis, the smallest unit of Bitcoin.
The benefit: timing matters less when you're buying in chunks over time. Cash App positions "automatic stock and bitcoin purchases" as a way to spread out the cost of entry. As the company put it: "Done over time, automatic recurring purchases will allow users to minimize the impact of market swings."
Users choose between displaying satoshis or Bitcoin. A $10 order buys a fraction of Bitcoin for most people, not a whole coin.
The feature launches in the US with Square eyeing expansion to the UK.
The timing aligns with a broader shift toward Bitcoin adoption. According to BitInfoCharts, 96% of wallets contain less than one Bitcoin. Large holders are accumulating faster. Wall Street has been building Bitcoin positions. The network's third halving fueled bullish sentiment.
MiningPool content is intended for information and educational purposes only and does not constitute financial, investment, or legal advice.
Advertisement
728×90
Bitcoin reached $109,356 on January 20, 2025, marking a new all-time high coinciding with Trump's inauguration.
Bitcoin Cash ABC's price rocketed 62% in the past day, climbing from $12.27 to $19.97 as the project released a new client focused on stability fixes. The rebound offered holders a reprieve after the
Bitcoin reached $18,483 in the past 24 hours, extending a significant rally over the previous week. BTC/USD climbed more than 15 percent in the last seven days following a breakthrough past the $16,00
Law enforcement caught a California man attempting one of the more dramatic getaways in recent financial crime history. Matthew Piercey, accused of orchestrating a massive investment scam, tried to es
Grayscale Investments has crossed an unprecedented $10.4 billion in digital asset holdings, marking the first time the institutional crypto fund manager has reached this significant threshold. The mil
DeFi token yearn.finance (YFI) jumped more than 20% as Bitcoin surged past $18,000, sparking enthusiasm across the crypto market. The token climbed from just above $21,000 to an intraday peak of $24,8
Verifiable crypto journalism, delivered to your inbox.
Weekday mornings. No hype. No financial advice. Just what happened and why it matters.
No spam. Unsubscribe anytime. Read our privacy policy.
