It was co-founded by Vitalik Buterin, Mihai Alisie, Matthew N. Wright, Vladimir Marchenko, and Vicente S.[1][2] It is currently owned and operated by BTC Inc in Nashville, Tennessee.

Buterin's writing captured the attention of Alisie, and they subsequently decided to start the magazine.

[7] In 2012, Bitcoin Magazine began publishing a print edition from its base in South Korea and has been referred to as the first serious publication dedicated to cryptocurrencies.

[11] In September 2021, Bitcoin Magazine announced the launch of their Eastern European bureau based in Kyiv.

[15] In a prerecorded speech, El Salvador President Nayib Bukele announced his plans to adopt Bitcoin as legal tender in the Central American nation.