Bitcoin giants unite with $15M plan to fight quantum threat

Strategy, BlackRock, Coinbase and six other companies have formed the Bitcoin Security Consortium to fund work on Bitcoin’s long-term security. Summary Nine major firms pledged $15 million over three years to support Bitcoin security research worldwide. Post-quantum cryptography leads the consortium’s agenda, although no capable attack system currently exists anywhere. Members will fund chosen developers independently without directing Bitcoin’s protocol changes or its open-source community. The founding members pledged a combined $15 million over three years for developers, researchers and organizations working on the network. The other members are Anchorage Digital, ARK Invest, Block, Blockstream, Fidelity Digital Assets and Galaxy. Brink Executive Director Mike Schmidt will coordinate the group’s daily work as a volunteer. Each company will choose where to direct its own funding rather than pay into one shared pool. JUST IN: 🔒 BlackRock, Coinbase, and Strategy are among firms pledging $15M to harden Bitcoin's infrastructure against quantum computing threats.— Watcher.News (@watchernewsx) July 23, 2026 Consortium targets Bitcoin’s long-term security The consortium named post-quan...