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Bitsurance offers insurance for Bitcoin holders against physical threats like robbery and fire.

Market News
11 Jun 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Bitsurance, a German insurer, now provides coverage for self-custodied Bitcoin against physical risks such as fire, water damage, burglary, robbery, vandalism, and extortion, including the so-called "$5 wrench attack." This insurance reimburses users for lost or stolen Bitcoin without requiring them to give up their wallet keys, addressing a growing problem as physical attacks on Bitcoin holders surged 75% in 2025. Currently operating in Germany, Bitsurance plans to expand across Europe, offering a new layer of protection for Bitcoin investors who maintain control over their assets. This development signals a maturing market for crypto insurance amid rising physical threats to digital asset holders.

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