Square to Build Bitcoin Hardware Wallet
“We’re doing it,” tweeted Jack Dorsey, the fintech’s CEO.
Square is moving forward with plans to build a bitcoin hardware wallet, executives at the payments company said Thursday.
The company has begun assembling a team to handle the project, said hardware lead Jesse Dorogusker in a tweet, emphasizing the product is very much in the drawing-board stage. Nevertheless, he said Square will seek to bring a mobile-friendly, “assisted-self-custody” wallet to a global audience.
“We have decided to build a hardware wallet and service to make bitcoin custody more mainstream,” he said in the tweet. Square CEO Jack Dorsey followed up: “We’re doing it.”
We’re doing it #Bitcoin https://t.co/IwbKuBoXGv
— jack⚡️ (@jack) July 8, 2021
Square’s status as a mainstream fintech would likely inject new attention into bitcoin custody. It has much wider name recognition than even the best-known hardware builders in the crypto industry. Square has carved out a niche in making bitcoin accessible through its Cash App. And Dorsey is himself aligned with the cryptocurrency on philosophical grounds.
Read more: Jack Dorsey Says Square Is Considering Developing a Bitcoin Hardware Wallet
Dorogusker did not immediately respond to CoinDesk queries.
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Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch.
Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch.
Why it matters:
Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch.
