Block Launches Bitkey, a Self-Custodial Bitcoin Wallet

The wallet, designed for secure cryptocurrency storage, cannot be purchased with cryptocurrency.

Block, led by Jack Dorsey, has released the Bitkey Bitcoin wallet, a self-custodial hardware device designed for secure cryptocurrency storage.
The Bitkey wallet, priced at $150, can only be purchased with fiat currency through traditional payment methods, not with cryptocurrency.
Bitkey integrates with Coinbase and Cash App, allowing users to buy Bitcoin directly through the wallet's software.
The wallet features a unique rock-like, hexagon shape and includes security measures such as a fingerprint sensor and recovery tools.
Shares of Block were up over 6% following the announcement, reflecting positive market reception.