Jack Dorsey’s New Bitcoin Wallet Bitkey Begins Pre-Order Process

Jack Dorsey’s company is launching his new Bitcoin wallet, Bitkey. This latest initiative, a personal storage wallet, will start being distributed in over 95 countries after the New Year.

Led by Jack Dorsey, fintech company Block has started introducing a new product focused on cryptocurrencies. The company’s latest product, the Bitcoin wallet Bitkey, will be available to users in over 95 countries.

What is Bitkey?

Bitkey includes an ecosystem designed to facilitate Bitcoin transactions for its users. This ecosystem consists of a mobile application, a special hardware device, and necessary recovery tools for security. The mobile application allows users to perform Bitcoin transactions via their cell phones, while the hardware device offers the possibility to securely store Bitcoin assets offline. Furthermore, Bitkey aims to provide security in case users lose their phone or hardware device.

Bitkey is Being Launched

Block has announced that Bitkey will start being shipped to customers at the beginning of 2024. This development was also announced on Jack Dorsey’s social media account. Dorsey published a message encouraging Bitcoin investors to withdraw their Bitcoins from exchanges, thereby also promoting his product.

With the launch of Bitkey, Block aims to offer users more control and security in their Bitcoin transactions.

Jack Dorsey is widely known for his support of Bitcoin up to this date. Additionally, it was reported last month in the third-quarter report of his company, Block, that they had made a profit of 44 billion dollars from Bitcoin transactions.

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