Exclusive: Inside a Swiss Nuclear Bunker’s Secret Bitcoin Vault

A state-of-the-art nuclear bunker in the Swiss Alps is being used to safeguard Bitcoin.

A Hidden Bitcoin Vault in the Swiss Alps

It sounds far-fetched, but it’s true. A vault in a secret nuclear bunker in the Swiss Alps protects a significant amount of Bitcoin. Cointelegraph visited the facility to see how multiparty computation (MPC) shards stored in bunkers are used to provide cutting-edge security to one of the world’s first Bitcoin banks.

Every Bitcoiner knows the phrase “not your keys, not your coins,” but hiding your hardware wallet or seed phrase under your mattress isn’t a long-term solution. With an estimated 2 million BTC irrevocably lost, how and where you store your BTC remains one of the most challenging aspects of owning the digital asset.

For some, holding their BTC on an exchange is a risk they’re willing to take. Others move their Bitcoin into cold storage. Those comfortable enough to entrust their BTC to a …