Bitcoin

Block and the European Bank for Reconstruction and Development (EBRD) explore how digital assets and cryptocurrencies can be a useful tool to support financial inclusion for businesses in displaced communities.

Self-custody wallet Bitkey, designed to empower people around the world to truly manage their bitcoin easily and safely, makes the list

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.

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.

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.

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.

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.

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

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

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.

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

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.