The reaction of (benzyloxymethylene)cyclopropane (1a) with alkylidenemalononitriles 2 at ambient pressure afforded the corresponding cyclobutane derivatives 3 in good‐to‐high yields. For example, the reaction of 1a with benzylidenemalononitrile (2a), (2‐naphthylmethylene)malononitrile (2e), and tert‐butylmethylenemalononitrile (2f) in acetonitrile at 80 °C gave the corresponding cyclobutanes 3a, 3e, and 3f in 96, 96, and 91 % yield, respectively. Control experiments proved that the reaction proceeds via well‐stabilized zwitterionic intermediate 6. (© Wiley‐VCH Verlag GmbH & Co. KGaA, 69451 Weinheim, Germany, 2007)