Block, Inc. has unveiled its next-generation Bitkey hardware wallet, featuring a secure screen and continuing its 2/3 multisig, seedless, and inheritance design. The company also introduced new features in Cash App, including automatic conversion of received funds to Bitcoin, a 5% Bitcoin cashback, and increased withdrawal limits. Additionally, Block has implemented a Proof of Reserves for its corporate treasury, Cash App, and Square customer assets. As of Q1 2026, Block reported holding 28,355.05 Bitcoin, with customers holding 19,357.16 Bitcoin and the company holding 8,997.89 Bitcoin.
Block, Inc. Launches New Bitkey Hardware Wallet and Enhances Cash App Features
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