Bitkey

Your self-custody bitcoin hardware wallet and app for secure crypto management.

by block · Treasury & Cash Management

Executive Summary

Bitkey is a self-custody bitcoin hardware wallet and app developed by Block, Inc. It is designed to provide users with greater control and protection over their bitcoin, emphasizing privacy and security features. The product aims to simplify the process of managing bitcoin, allowing users to securely store, access, and authenticate their digital assets. Bitkey integrates with Block's broader ecosystem, including Square and Cash App, to facilitate bitcoin payments and enhance financial access. It is priced at $150 USD and is part of Block's strategy to increase access to the global economy through technology. The company is continuously rolling out new features to strengthen user control and protection.

Use Cases

  • Securely storing bitcoin offline
  • Sending and receiving bitcoin transactions
  • Managing bitcoin holdings via a dedicated mobile app
  • Authenticating ownership of bitcoin assets
  • Facilitating bitcoin payments through integrated Block services

Features

Visibility

  • Bitcoin Balance Overview: View current bitcoin holdings and value within the mobile application.
  • Transaction History: Access a detailed record of all sent and received bitcoin transactions.

Technical Specifications

Architecture
Combines a dedicated hardware device for secure private key storage and transaction signing with a mobile application for user interface and management.
Deployment
Hybrid (Hardware device for key storage, SaaS mobile application)
Authentication
MFA
API Available
No
MCP Server
No

Integrations

  • Square
  • Cash App

Security & Compliance

Encryption: Private keys are encrypted and secured within the hardware wallet device.

Pricing

Model
One-time purchase for hardware wallet
Starting Price
$150 USD
Target Customer
Individual
Contract Type
One-time
Free Trial
No

About block

Block, Inc. (formerly Square) is a technology company focused on financial services, building tools for merchants and consumers. Its ecosystem includes Square for point-of-sale and payment processing, Cash App for mobile payments and financial services, Afterpay for buy now, pay later, TIDAL for music streaming, Bitkey for bitcoin self-custody, Proto for decentralized bitcoin mining, and TBD for decentralized financial services.

Founded: 2009 · Headquarters: San Francisco, California, United States · Employees: 1000+ · Public