--- title: "Fireblocks denies Axios report of $2.5 billion Visa takeover talks" description: "Fireblocks told The Block that a report by Axios saying Visa was in late-stage talks to acquire the crypto custody firm for about $2.5 billion is \"not true at present time,\" Bitcoin Magazine reported. The reported price would sit well below the $8 billion valuation Fireblocks held after a $550…" language: en canonical: "https://whycoinmoves.com/en/events/bitcoin-fireblocks-denies-report-2-5-025e66c7796ea1" published: 2026-10-22T14:39:58.000Z updated: 2026-10-22T14:46:00.000Z indexable: false --- # Fireblocks denies Axios report of $2.5 billion Visa takeover talks Fireblocks told The Block that a report by Axios saying Visa was in late-stage talks to acquire the crypto custody firm for about $2.5 billion is "not true at present time," Bitcoin Magazine reported. The reported price would sit well below the $8 billion valuation Fireblocks held after a $550… Attributed sources: [Bitcoin Magazine]() ## Key facts Fireblocks told The Block that a report by Axios saying Visa was in late-stage talks to acquire the crypto custody firm for about $2.5 billion is "not true at present time," Bitcoin Magazine reported. The reported price would sit well below the $8 billion valuation Fireblocks held after a $550 million Series E round in January 2022. Evidence strength: Single source, 1 publisher group(s) (Bitcoin Magazine); this describes source coverage, not truth or causation. After site detection, observed returns were 5 minutes: +0.17% (22/10/2026, 14:39 → 22/10/2026, 14:44, UTC; Gate · USDT). Unlisted windows are unavailable. In the preceding 30 days, the 99th percentile of absolute hourly returns was 1.23% (OKX · USDT; cutoff 22/10/2026, 14:39, UTC). This hourly baseline is not directly comparable with a minute move. ## Returns after site detection | Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC) | Source | | --- | --- | --- | --- | --- | --- | | 5 minutes | +0.17% | +0.17% | 0.00 pp | 22/10/2026, 14:39 → 22/10/2026, 14:44 | Gate · USDT | | 1 hour | — | — | — | — | — | | 24 hours | — | — | — | — | — | ## Historical hourly baseline | Metric | Value | | --- | --- | | Ready | true | | Coverage | 100.0% (720/720) | | Median absolute hourly return | 0.15% | | 99th percentile of absolute hourly returns | 1.23% | | BTC beta | 1.00 | | Source / cutoff (UTC) | OKX · USDT / 22/10/2026, 14:39 | ## Claims and open questions - Fireblocks told The Block that rumors of a possible acquisition by Visa are "news to us, and not true at present time," per Bitcoin Magazine. - Axios reported, citing multiple sources, that the two sides were close to a deal valued at around $2.5 billion, Bitcoin Magazine said. - Fireblocks was valued at $8 billion in January 2022, when it raised $550 million in a Series E round, Bitcoin Magazine reported. - Has Visa or Axios responded to Fireblocks' denial, and does any official filing or statement confirm whether talks occurred? - What specific terms or stage of discussion did Axios's sources describe, and has the report been corrected or withdrawn? ## Source evidence - [Fireblocks Denies Report of $2.5 Billion Visa Takeover Talks]() — Bitcoin Magazine; published 22/10/2026, 14:38; received 22/10/2026, 14:39 (UTC). ## Recent BTC events and market reactions - [Chinese court accepts prosecutors' bid to confiscate Bitcoin seized in UK]() — Published 22/10/2026, 06:24 (UTC) · Multiple publishers (3 publishers) · General news · 5m -0.02% / 1h -0.41% / 24h -0.94% - [US spot Bitcoin ETFs take in about $1.07 billion over three sessions]() — Published 22/10/2026, 04:41 (UTC) · Multiple publishers (3 publishers) · Market watch · 5m +0.05% / 1h +0.07% / 24h -1.31% - [Bitcoin slips below $82K after Tesla and Meta results unsettle tech markets]() — Published 22/10/2026, 03:51 (UTC) · Multiple publishers (2 publishers) · Market watch · 5m +0.13% / 1h +0.04% / 24h -1.04% - [Bitcoin rises above $84,500 as SpaceX earnings lift tech stocks]() — Published 21/10/2026, 15:13 (UTC) · Multiple publishers (2 publishers) · Market watch · 5m +0.15% / 1h +0.25% - [SpaceX and Tesla boards weigh merger that would combine 30,221 bitcoin]() — Published 21/10/2026, 09:23 (UTC) · Multiple publishers (2 publishers) · General news · 5m +0.08% / 1h -0.21% / 24h -2.08% - [Full coin archive]() ## Research for this archive - [Altcoin beta to Bitcoin: BTC, ETH, SOL and DOGE hourly returns]() - [Perpetual funding rates and annualized yield: a 2025 comparison]() - [Bitcoin halving and bull markets: evidence from four halvings]() - [Bittensor (TAO): Bitcoin beta, volatility and the AI crypto narrative]() [Methods and limitations]() Publisher count is not independent evidence count. Price changes cannot verify news or prove causation.