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Bitkey is a Bitcoin self-custody wallet that combines a hardware device, a smartphone app, and a server-based recovery key into a single 2-of-3 multisig system. The product is designed for people who want to hold their own Bitcoin without relying on an exchange or managing a traditional seed phrase.

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At a glance

About Bitkey

Price
£230
Main category
Bitcoin hardware wallet
Wallet type
2-of-3 multisig, self-custody
Supported assets
Bitcoin only
Seed phrase required
No
Company
Block, Inc.
Recovery
Built-in, no seed phrase needed
KYC required
No
Bitkey is developed by Block, Inc. and targets Bitcoin holders who want meaningful control over their funds without needing technical expertise. The wallet sits firmly in the premium segment, priced at £230 for the hardware device, and is built around a philosophy of eliminating single points of failure. Its Bitcoin-only approach deliberately reduces system complexity, making the security model more predictable than multi-asset alternatives. The typical customer is someone moving away from exchange custody or frustrated with the fragility of seed-phrase hardware wallets.
October 2026

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Bitkey in the news

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Summaries by Image Review based on publicly available sources and our own editing. External links may contain affiliate links.

Frequently asked questions

What others ask about Bitkey

Answers to the most common questions, based on search behaviour and our own research.

Is Bitkey a trustworthy company?

Bitkey is a product of Block, Inc., a publicly listed technology company. The wallet is designed so that neither Block nor any single party can access or move a user's Bitcoin without the user's own keys being involved.

Can Bitkey access or steal my Bitcoin?

No. Bitkey holds one of three keys in its 2-of-3 multisig system, but one key alone is not enough to authorise a transaction. Two keys are always required, and the user controls two of them.

What happens if I lose my Bitkey hardware device?

Losing the hardware device does not mean losing access to Bitcoin. The 2-of-3 multisig model means that recovery is possible using the remaining keys, and Bitkey offers built-in recovery that does not depend on a seed phrase.

Do I need technical knowledge to set up and use Bitkey?

Setup is guided and described as taking only a few minutes. Users do not need to understand multisig or cryptography to use the wallet securely, as the security model operates in the background.

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