The Bitcoin Fund Completes IPO, Now Trading on Canada's Leading Stock Exchange A study has found that 60 % of merchants who use Square payments service said they would accept bitcoin instead of US dollars . The investigation by Nomura Instinet of 100 US - based merchants with annual turnover of more $ 100,000 also found the 25 - 54 years age group accounted for the single largest proportion of bitcoin users . Square 's shares have increased more than 49 % since its Square App integrated bitcoin in January . More than seven million merchants use the service , 95 % of whom describe it as " excellent " or " good " , the company said .
A study has found that 60 % of merchants who use Square payments service said they would accept bitcoin instead of US dollars . The investigation by Nomura Instinet of 100 US - based merchants with annual turnover of more $ 100,000 also found the 25 - 54 years age group accounted for the single largest proportion of bitcoin users . Square 's shares have increased more than 49 % since its Square App integrated bitcoin in January . More than seven million merchants use the service , 95 % of whom describe it as " excellent " or " good " , the company said .