Jack Dorsey’s Block Expands Bitcoin Push With Bitkey Wallet and Cash App Upgrades
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Block launched the Bitkey hardware wallet (touchscreen, 2-of-3 multisig), strengthening custody security and self-custody adoption in crypto and Bitcoin. Cash App added auto-Bitcoin conversion, 5% BTC rewards and higher withdrawal limits while Square expanded merchant Bitcoin payments, boosting on‑ramps and payments adoption. Block published Proof of Reserves covering treasury, Cash App and Square BTC holdings (transparency/security); product push signaled by Jack Dorsey on April 27, 2026.
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- Block debuted a new Bitkey hardware wallet with a touchscreen and 2-of-3 multisig design.
- Cash App now offers auto-Bitcoin conversion, 5% BTC rewards, and higher withdrawal limits.
- Block introduced Proof of Reserves covering treasury, Cash App, and Square BTC holdings.
Jack Dorsey’s Block rolled out a broad Bitcoin product push, centered on a new Bitkey hardware wallet, upgraded Cash App Bitcoin tools, public Proof of Reserves, and new merchant payments through Square.
Dorsey said in a post on X, “Bitcoin is money,” implying that the cryptocurrency should be used as money, not held only as a long-term asset.
Dorsey has backed that view for years, and Block’s latest releases move the company deeper into custody, payments, and daily Bitcoin use.
Bitkey Wallet Launch Targets Self-Cust…
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