diff --git a/src/lib/bitcoin.ts b/src/lib/bitcoin.ts
index e2863fe3..c64754b0 100644
--- a/src/lib/bitcoin.ts
+++ b/src/lib/bitcoin.ts
@@ -11,10 +11,17 @@ const VBYTES_PER_OUTPUT = 43;
 const VBYTES_OVERHEAD = 10.5;
 
 let _ECPair: ECPairAPI | null = null;
+let eccInitialized = false;
+
+function initBitcoinEcc(): void {
+  if (eccInitialized) return;
+  bitcoin.initEccLib(ecc);
+  eccInitialized = true;
+}
 
 function getECPair(): ECPairAPI {
+  initBitcoinEcc();
   if (!_ECPair) {
-    bitcoin.initEccLib(ecc);
     _ECPair = ECPairFactory(ecc);
   }
   return _ECPair;
@@ -28,6 +35,7 @@ export function nostrPubkeyToBitcoinAddress(pubkeyHex: string): string {
   if (!isValidPubkeyHex(pubkeyHex)) return '';
 
   try {
+    initBitcoinEcc();
     const pubkeyBuffer = Buffer.from(pubkeyHex, 'hex');
     const { address } = bitcoin.payments.p2tr({
       internalPubkey: pubkeyBuffer,
@@ -502,7 +510,7 @@ export function buildUnsignedMultiOutputPsbt(
 }
 
 export function signPsbtLocal(psbtHex: string, privateKeyHex: string): string {
-  bitcoin.initEccLib(ecc);
+  initBitcoinEcc();
   const psbt = bitcoin.Psbt.fromHex(psbtHex, { network: bitcoin.networks.bitcoin });
 
   const keyPair = getECPair().fromPrivateKey(Buffer.from(privateKeyHex, 'hex'));
@@ -531,7 +539,7 @@ export function signPsbtLocal(psbtHex: string, privateKeyHex: string): string {
 }
 
 export function finalizePsbt(psbtHex: string): string {
-  bitcoin.initEccLib(ecc);
+  initBitcoinEcc();
   const psbt = bitcoin.Psbt.fromHex(psbtHex, { network: bitcoin.networks.bitcoin });
   psbt.finalizeAllInputs();
   return psbt.extractTransaction().toHex();
diff --git a/src/pages/BitcoinPage.tsx b/src/pages/BitcoinPage.tsx
index 92bba4ae..6142d246 100644
--- a/src/pages/BitcoinPage.tsx
+++ b/src/pages/BitcoinPage.tsx
@@ -99,18 +99,24 @@ export function BitcoinPage() {
 
           <SendBitcoinDialog isOpen={sendOpen} onClose={() => setSendOpen(false)} btcPrice={btcPrice} />
 
-          <div className="rounded-2xl bg-white p-4 shadow-sm">
-            <QRCodeCanvas value={bitcoinAddress} size={200} level="M" />
-          </div>
+          {bitcoinAddress ? (
+            <div className="rounded-2xl bg-white p-4 shadow-sm">
+              <QRCodeCanvas value={bitcoinAddress} size={200} level="M" />
+            </div>
+          ) : (
+            <Skeleton className="size-[232px] rounded-2xl" />
+          )}
 
-          <button
-            type="button"
-            onClick={copyAddress}
-            className="flex items-center gap-2 rounded-full border px-4 py-2 font-mono text-sm text-muted-foreground transition-colors hover:bg-muted/50"
-          >
-            {truncatedAddress}
-            {copiedAddress ? <Check className="size-3.5 text-green-500" /> : <Copy className="size-3.5" />}
-          </button>
+          {bitcoinAddress && (
+            <button
+              type="button"
+              onClick={copyAddress}
+              className="flex items-center gap-2 rounded-full border px-4 py-2 font-mono text-sm text-muted-foreground transition-colors hover:bg-muted/50"
+            >
+              {truncatedAddress}
+              {copiedAddress ? <Check className="size-3.5 text-green-500" /> : <Copy className="size-3.5" />}
+            </button>
+          )}
 
           {transactions && transactions.length > 0 && (
             <>