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Jack Dorsey Donates $21M to OpenSats for Bitcoin and Open Source Development

May 4, 2024, 01:22 PM

Jack Dorsey has donated $21 million to OpenSats, a foundation supporting open source and Bitcoin development. This donation, part of Dorsey's philanthropic efforts through his #startsmall initiative, is allocated with $15 million directed to OpenSats' General Fund, $5 million to the Nostr Fund, and $1 million to operational costs. Dorsey's contribution aims to enhance the development of open protocols like Bitcoin, facilitating broader and faster financial inclusion globally.