Material Bitcoin
- Company typePrivate
- Founded2017
- HeadquartersA Coruña, Spain
- Headcount11–50
- GTM typeB2C
- OfferingHardware or Manufacturing
Material Bitcoin firmographics
Firmographics- Name
- Material Bitcoin
- Legal name
- Miolo Desarrollos, S.L.
- Website
- https://materialbitcoin.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Material Bitcoin industry classification
Industry- Product category
- Crypto Cold Wallets
- NAICS
- Metal Crown, Closure, and Other Metal Stamping (except Automotive) (332119)
- SIC
- Cutlery, Handtools & General Hardware (3420)
- akta.pro primary industry
- Secure ICs, Smart Cards & Trusted Hardware (HDAHAAAJ)
Keywords
Where Material Bitcoin is headquartered
LocationHeadquarters
- HQ city
- A Coruña
- HQ country
- Spain
- HQ region
- Europe
Offices1 record
Markets served
Material Bitcoin business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Hardware Sales: One-time sale of physical cold wallet products (stainless steel plates) in various versions (Standard, Lite, Shadow, Custom, Ether, USDT, DIY). Customers purchase via the company's e-commerce website with credit/debit card or cryptocurrency payments. Shipping costs are added separately.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Material Bitcoin Standard - The flagship cold wallet product for Bitcoin storage |
| One time/ perpetual license | Pay-as-you-go | Material Bitcoin Lite - Budget-friendly cold wallet with same core functionality |
| One time/ perpetual license | Pay-as-you-go | Material Bitcoin Shadow - Anti-theft portable version |
| One time/ perpetual license | Pay-as-you-go | Material Bitcoin Custom - Personalized version with custom name |
| One time/ perpetual license | Pay-as-you-go | Material Ether - Cold wallet for Ethereum and ERC-20 tokens |
| One time/ perpetual license | Pay-as-you-go | Material USDT - Cold wallet for USDT and EVM-compatible tokens |
| One time/ perpetual license | Pay-as-you-go | Material Crypto DIY - Self-engravable seed phrase backup plate |
| One time/ perpetual license | Pay-as-you-go | Pack BTC + ETH - Bundle of Standard Bitcoin and Ethereum wallets |
Go-to-market motion1 record
Distribution channels9 records
Marketing channels6 records
Material Bitcoin product offering
Product offeringCore offering
Material Bitcoin manufactures and sells physical stainless steel cold wallets for offline cryptocurrency storage. Its AISI 304L stainless steel plates have private keys and QR codes laser-engraved via an automated robotic process isolated from the network, then hermetically sealed in aluminum packaging. The company offers Bitcoin-specific variants (Standard, Lite, Shadow, Custom), token-specific variants (Ether for Ethereum/ERC-20, USDT for stablecoins), a DIY engraving kit, and related accessories.
Product overview
Material Bitcoin is a Spanish company that manufactures physical cold wallets — stainless steel plates engraved with cryptocurrency private keys and QR codes — for offline storage of Bitcoin, Ethereum, and USDT. The product lineup is anchored by the Standard Version ($89), a flagship fireproof/floodproof/shockproof AISI 304L steel cold wallet with a lifetime warranty. Complementing it are the Shadow (portable black card, $149), Lite (budget variant without environmental resistance, $39, out of stock), and Custom (personalized engraving, $299) versions for Bitcoin. Dedicated variants exist for Ethereum (Material Ether, $99) and USDT (Material USDT, $119). A DIY kit ($89) allows users to self-engrave seed phrases, while accessories include security stickers and adhesive holders. A bundle combining the Bitcoin Standard and Ethereum wallet is offered at a 5% discount ($181). Add-on services include a backup Clone plate and a portable black card with only the public address engraved. The wallets are manufactured robotically in a restricted-access facility in A Coruña, Spain, with the private key generated offline and the process audited by Lambda Telematics.
Differentiator
Problem solved
Functional benefit
Brands
- Material Bitcoin Standard: The flagship cold wallet product made of AISI 304L stainless steel, resistant to fire, water, and impacts. Features laser-engraved private key and QR code. Priced at €99 (USD $89).
- Material Bitcoin Shadow
- Material Bitcoin Lite
- Material Bitcoin Custom
- Material Crypto DIY
- Material Ether
- Material USDT
Products and services
- Material Bitcoin Standard
Quantifiable outcome
- Lifetime warranty covers deterioration from time, fire, floods, or shocks (excluding Material Lite line)
Companies that use Material Bitcoin
Customer profileNamed customers7 records
Segments3 records
Ideal customer profiles3 records
Material Bitcoin technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Material Bitcoin partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core, major and minor.
- Lambda Telematics, S.L.coreIndependent computer consulting firm that audited and certified the hardware and software involved in the Material Bitcoin manufacturing process. Ensures the key generation engine and robotic manufacturing meet security standards. NIF: B70451364, registered in Santiago de Compostela.
- BitBasecoreLargest operator of Bitcoin stores and ATMs in Spain and 3rd largest in Europe. Offers buy/sell of Bitcoin and Ethereum plus most cryptocurrencies via cash, transfer, and card. Physical store locations throughout Spain where customers can purchase Material Bitcoin.
- The Crypto MerchantcoreOfficial distributor in United States with physical store locations. Also available in physical stores throughout Spain. Contact: 386-222-2954.
- GBTC FinancemajorOfficial reseller in Spain with physical stores throughout the country. Provides local sales and support for Material Bitcoin products. Contact: +34 936 27 22 78.
- BitcoinMerchmajorOfficial distributor providing physical cryptocurrency products including hardware wallets with exceptional customer service and fast shipping.
- CoinTrackingminorPortfolio manager for tracking all digital currency trades. Offers 10% discount to Material Bitcoin customers via referral link.
- DEXToolsminorUltimate DeFi trading application with real-time charts, transaction monitoring, and price alerts.
- Bit2MeminorCryptocurrency exchange partner for purchasing Bitcoin. Material Bitcoin redirects customers to Bit2Me for buying cryptocurrency, with partnership through the Escuela Profesional de Traders affiliate program.
- Etherbit Private LimitedmajorTrusted hardware wallet store in India since 2017. Premier online platform for hardware wallets in the Indian market with thousands of customers. Official reseller for Material Bitcoin Standard in India.
- My Blockchain MinersmajorCrypto mining hardware provider since 2015, one of early Bitcoin investors in India. Major provider of ASIC and GPU miners, builds customized mining farms. Official reseller for Material Bitcoin in India.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Material Bitcoin competitors and assessment
Company assessmentDirect peers
- Ellipal: Air-gapped hardware wallet manufacturer with a focus on mobile pairing via QR codes. Competes in the same crypto cold storage category as Material Bitcoin with a security-forward positioning.
- Cryptosteel: Manufacturer of stainless steel and titanium cryptocurrency backup devices (Capsule, Cassette) for storing seed phrases and private keys. Comparable to Material Bitcoin's DIY and Standard wallets in the metal-physical-backup category.
- Billfodl: Metal seed phrase backup plates for cryptocurrency recovery phrases, conceptually closest to Material Bitcoin's DIY product and standard stainless steel cold wallet. Directly competes in the 'physical metal crypto storage' niche.
- Coldcard (Coinkite): Bitcoin-only hardware wallet known for its air-gapped, security-first design philosophy. Shares Material Bitcoin's emphasis on extreme security and offline operation, though Coldcard is electronic and Bitcoin-only.
- Keystone (formerly Cobo Vault): Air-gapped hardware wallet with QR-code-based transaction signing. Comparable to Material Bitcoin in its emphasis on removing attack surfaces and offline key generation, though electronic.
- Ledger: Market-leading hardware wallet maker (Ledger Nano S Plus, Nano X, Stax) for Bitcoin, Ethereum, and thousands of tokens. Directly competes with Material Bitcoin in the self-custody hardware category, though Ledger's electronic, app-based approach contrasts with Material Bitcoin's analog design.
- SafePal: Hardware wallet brand backed by Binance that offers affordable cold storage devices. Competes on price-sensitive tier against Material Bitcoin's Lite variant, though with electronic functionality.
- Trezor (SatoshiLabs): Original hardware wallet manufacturer (Trezor Model T, Safe 3). Competes in the same crypto cold storage category as Material Bitcoin with electronic devices, but shares the same self-custody value proposition.
Emerging players
- BitBox (Shift Crypto): Swiss-made hardware wallet (BitBox02) emphasizing open-source security and simplicity. Comparable in security-focused, minimal-feature philosophy, though electronic.
- BlockPlate: Niche manufacturer of stamped metal seed phrase backup plates, similar to Material Bitcoin's DIY and Standard products. Smaller, more focused player in the metal-physical-backup sub-category.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Material Bitcoin social profiles
Digital presenceMaterial Bitcoin financial estimates
Financial estimateRevenue estimate
Valuation estimate
Material Bitcoin leadership team
Management profileNumber of profiles
Profiles4 records
Material Bitcoin funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Material Bitcoin M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Material Bitcoin
What does Material Bitcoin do?
Material Bitcoin manufactures and sells physical stainless steel cold wallets for offline cryptocurrency storage. Its AISI 304L stainless steel plates have private keys and QR codes laser-engraved via an automated robotic process isolated from the network, then hermetically sealed in aluminum packaging. The company offers Bitcoin-specific variants (Standard, Lite, Shadow, Custom), token-specific variants (Ether for Ethereum/ERC-20, USDT for stablecoins), a DIY engraving kit, and related accessories.
Is Material Bitcoin a public or private company?
Material Bitcoin is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Material Bitcoin founded?
Material Bitcoin was founded in 2017. It employs 11 to 50 people.
Where is Material Bitcoin based?
Material Bitcoin is headquartered in A Coruña, Spain, in the Europe region.
How does Material Bitcoin make money?
One revenue line is on record: hardware Sales.
Who are Material Bitcoin's main competitors?
Direct peers on record are Ellipal, Cryptosteel, Billfodl, Coldcard (Coinkite), Keystone (formerly Cobo Vault), Ledger, SafePal and Trezor (SatoshiLabs). Emerging players are BitBox (Shift Crypto) and BlockPlate.
Does Material Bitcoin have an API?
No public API is recorded for Material Bitcoin.
What industry is Material Bitcoin in?
Material Bitcoin's product category is Crypto Cold Wallets. Its primary akta.pro industry code is HDAHAAAJ, Secure ICs, Smart Cards & Trusted Hardware. Its NAICS code is 332119 and its SIC code is 3420.