Bitcoin Adoption Vision: Jack Dorsey’ Block Mirrors MicroStrategy

Bitcoin Vision: Inside Dorsey’s Block Following Saylor’s MicroStrategy

Jack Dorsey, the founder of Block Inc. (previously Square), has become one of the most prominent people driving the adoption of Bitcoin. Through Block and its subsidiaries, Cash App, Square, and Bitkey. Dorsey is creating a complete ecosystem that will turn BTC not only into an investment but regular money. This vision is a larger corporate trend of adopting cryptocurrency, similar to Michael Saylor's vision, which seeks to incorporate BTC into its everyday business and financial processes.

Holdings and Expanding Ecosystem of Block Inc.

The company has 8,584 BTC on its balance sheet, which it bought with an average price of approximately $30,405 per coin. This amount is worth nearly $1 billion, which is an indication of how Block is determined to the future of cryptocurrency.

Although this is considerable, it is less than other large corporate holders such as MicroStrategy, where its possession of BTC is 628,946, which costs $66,384.56 per coin. But the difference is that it is aimed at creating useful related services and products for users and businesses.

Source: Wu Blockchain X

Block’s subsidiaries play unique roles in this ecosystem:

1. Cash App is the consumer entry point to Bitcoin, with more than 57 million active users in 2024. This is a popular application that enables one to purchase, sell, and transfer this crypto. Cash App supports the Lightning Network, which allows cheaper and faster payments. Amazingly, Cash App earned an approximate 10 billion in revenue on BTC in 2024, which is about 62% of its total revenue, with an approximate 2% trading fee. The app also proposes that users use dollar-cost averaging methods, which means investing gradually.

1. Square, which serves more than 4 million merchants in the U.S. and processes approximately $241 billion every year, is a giant in merchant Bitcoin adoption. In 2025, Square began enabling merchants to accept Bitcoin payments via its point-of-sale systems, simplifying how businesses incorporate BTC into their operations. Also, Square is creating a full-stack BTC banking service that would enable small businesses to store on their balance sheets and collateralize loans, services that previously only the largest corporations could access.

1. Bitkey is a multisignature-based hardware wallet developed in 2024. In contrast to conventional wallets, Bitkey divides the private keys into three components that are stored in different places to ensure maximum security. It does not expose the user to the raw keys, so self-custody is easier and safer. Though no particular sales figures have been released, Bitkey will expand the reach of self-custody to less technical users.

Jack Dorsey's Block Aligns with Michael Saylor's Bitcoin Vision

Jack Dorsey has a vision that is considerably similar to other major corporate adopters who perceive Bitcoin as a strategic financial resource. Although the company owns a significant amount, companies such as MicroStrategy have built far larger treasuries (MicroStrategy holds more than $74 billion in Bitcoin, or approximately 3% of all BTC ever mined). However, Dorsey's company, as well as these companies, promotes dollar-cost averaging and holding in the long term, which demonstrates the common belief in its future and sustainability.

The difference between Block and Microstrategy is that the former has an ecosystem strategy, whereas the latter primarily sees this crypto as a treasury reserve or digital gold. Block is more focused on making Bitcoin usable in everyday life. Through its infrastructure of payments, wallets, and secure custody, he is making the transition between investment and a global currency.

Conclusion

The strategy is a good fit within the broader corporate trend of adoption, with MicroStrategy Vision, and other firms moving beyond being holders to become creators of these enabled services. The payment systems, retail integration, and hardware security created by Block provide an example of how large companies can be more usable and acceptable than merely holding crypto on their balance sheets.