Bitcoin

July 10, 2024

Block’s New Bitcoin Mining Chip to Be Part of an Ongoing Project with Core Scientific to Decentralize Mining Hardware

Block's Proto team and Core Scientific [Nasdaq: CORZ], one of the largest owners and operators of high-powered digital infrastructure for bitcoin mining and hosting services in North America, today announced an agreement to supply Core Scientific with Block’s new 3 nanometer (3nm) mining ASICs, built by the Proto team, representing approximately 15 EH/s (exahashes per second) of hashrate.

May 02, 2024

Bitcoin Blueprint for Corporate Balance Sheets

An update on the strategy behind our company-held bitcoin investment, including historical purchase execution, storage mechanics, and insurance and accounting considerations.

December 07, 2023

Self-Custody Bitcoin Wallet Bitkey, Built by Block, Inc., Launches Globally, Widening Access to True Financial Ownership

Bitkey’s mission to give people more control over their bitcoin comes to life with an easy-to-use self-custody bitcoin wallet for people who want to truly own their bitcoin safely Bitkey includes a mobile app, hardware device, and a set of recovery tools, and is available today at bitkey.world for customers across 95+ countries.

October 18, 2023

Bitcoin Price Volatility and the Making of a Mature Market

While the fluctuating price of bitcoin draws a lot of attention, less well-known are the proven benefits of bitcoin as an investment diversification strategy.

September 28, 2023

Bitcoin Knowledge and Perceptions: Chapter II

Our 2023 global bitcoin survey builds on our 2022 survey’s findings and provides a resource for policymakers to better understand how and why people are drawn to or avoid the decentralized currency.

July 18, 2023

Helping The Bitcoin Classic Shine in Atlanta

At the end of June, The Bitcoin Classic held its latest tournament in Atlanta, GA, welcoming teams from across the country to compete, have fun, and learn more about bitcoin and blockchain technology.

Scenes from the 2022 TBC in Rucker Park, Harlem.

June 21, 2023

We’re Excited to Award the Discovery Grant to The Bitcoin Classic (TBC) for a Second Time

We’ve given The Bitcoin Classic (TBC) a second Discovery Grant. The grant supports nonprofit organizations working to make financial education — fiat and/or bitcoin — open and available to all.

May 26, 2023

Committing to Clean Energy and Bitcoin Mining

Block’s work to accelerate renewable, energy-based mining.

May 26, 2023

Get to Know the Bitcoin Academy

In 2022, Block and the Shawn Carter Foundation partnered to provide free education on bitcoin for residents of Marcy Houses in Brooklyn, New York.

December 06, 2022

Gridless, a Bitcoin Mining Company in East Africa, Raises $2M in Funding Led by Stillmark and Block, Inc.

The investment will support Gridless’s further expansion of bitcoin mines across African markets.

November 07, 2022

Currency of Freedom

In 2022, the Human Rights Foundation and Block, Inc. presented Currency of Freedom — a series offering global perspectives on bitcoin, human rights, and economic empowerment.

May 26, 2022

2022 Bitcoin Survey Report: Knowledge and Perceptions

Block partnered with Wakefield Research to gather insights on people’s knowledge and perceptions of bitcoin around the world and across demographics.

June 09, 2021

Square Allocates $25 Million for Minority and Underserved Communities

Square shared the ideology behind the investments in a memo outlining how companies can make similar commitments.

April 21, 2021

Bitcoin and the Future of Clean Energy

An exploration of the role bitcoin could play in accelerating the transition to clean energy.

October 08, 2020

Square, Inc. Invests $50 Million in Bitcoin

Square, Inc. (NYSE: SQ) made a significant investment by acquiring more than 4,000 bitcoins, totaling a purchase value of $50 million, as announced today.