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Stock impact report

Block Launches 'Bitcoin is Everyday Money' Campaign, Calls for De Minimis Tax Reform

Block, Inc. Class A, (XYZ) 
Company Research Source: Business Wire
The initiative advocates for common-sense tax policy to unlock bitcoin's utility as a method of payment WASHINGTON--(BUSINESS WIRE)--Block, Inc. (NYSE: XYZ) today launched "Bitcoin is Everyday Money," a campaign advocating for a de minimis tax exemption that would modernize how bitcoin is treated under U.S. tax law. The campaign kicks off in Washington, D.C. with on-the-ground activations, educational content, and a direct advocacy tool enabling Americans to contact their members of Congress in support of reform.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251118758423/en/Bitcoin is Everyday MoneyNearly 50 million Americans currently own bitcoin, and around 30 million Americans run small businesses. Starting November 10, 2025, millions of Square sellers in the U.S. became eligible to accept bitcoin at the point of sale. Today, under current tax rules, bitcoin is classified as property, meaning every purchase - from a c Show less Read more
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