The invention discloses a multifunctional drill bit rock breaking experiment device capable of testing the triaxial strength parameter of rock. The device comprises a main body device, a pressure head structure, a confining pressure system, an acoustic emission system, a temperature control system and a pore material injection system. The device has the benefits as follows: the real temperature, crustal stress and pore pressure of a stratum can be simulated in a closed environment, a triaxial mechanical test and a drill bit rock breaking test can be completed simultaneously, a stress-strain curve of a rock sample, dynamic vibration of a drill bit and a drill column, bit pressure and influences of footage on the rock sample can be determined, an experiment basis is provided for research of mechanical properties of complex oil and gas reservoirs and drill bit rock breakage under multiple conditions, a rock breaking experiment can be conducted while conventional mechanical properties of the rock are tested, two experiments can be completed once after the designed temperature and pressure conditions are met, the total time consumption is reduced, and the utilization rate of underground rock cores can be effectively increased.