Bitwise Donates $150,000 to Support Bitcoin Open-Source Development
- Bitwise announced a $150,000 donation to support Bitcoin open-source developers.
- The donation aligns with Bitwise’s commitment to allocate 10% of its gross profits annually to charity following the launch of its Bitcoin ETF ($BITB) in January 2024.
- The funds will be distributed among three non-profits: Bitcoin Brink, Open Sats, and the Human Rights Foundation.
- This is the first annual donation since Bitwise made its promise public.
- The initiative aims to encourage innovation and security within the Bitcoin network by attracting more developer talent.
Bitwise’s $150,000 donation marks the fulfillment of its pledge to support open-source innovation in the Bitcoin ecosystem, with funds directed towards organizations known for their contributions to blockchain development.
Source (2.6)https://coingape.com/bitwise-donates-to-open-source-bitcoin-development/?rand=24432
