• Home
  • Cryptocurrency Market
    • Analysis
    • Exchanges
    • Investing
    • Venture Capital
  • Blockchain Applications
    • Market
    • DeFi
    • DApps
    • Platforms
  • Technology
    • Bitcoin
    • Ethereum
    • Altcoins
  • Regulations
  • Interviews
  • All Posts
Hot News

Brazil’s “Bitcoin Reserve Bill” Passes Initial Review, Bringing 5% of Foreign Exchange Reserves ($18 Billion) Closer to Purchasing BTC

Jun. 18, 2025

100,000 People Leave Binance Alpha Disappointed: Those Who Suffered Heavy Losses in $ZKJ and $KOGE

Jun. 18, 2025

MEXC Launches “Proof of Trust” Initiative to Ensure Cryptocurrency Security, Auditing, and User Protection

Jun. 18, 2025
Facebook X (Twitter) Instagram
X (Twitter) Telegram
BlockRenaBlockRena
  • Home
  • Cryptocurrency Market
    • Analysis
    • Exchanges
    • Investing
    • Venture Capital
  • Blockchain Applications
    • Market
    • DeFi
    • DApps
    • Platforms
  • Technology
    • Bitcoin
    • Ethereum
    • Altcoins
  • Regulations
  • Interviews
  • All Posts
Subscribe
BlockRenaBlockRena
Home ยป Jack Dorsey Donates $21 Million to Bitcoin Organization OpenSats, Confirms Departure from BlueSky Board
Bitcoin

Jack Dorsey Donates $21 Million to Bitcoin Organization OpenSats, Confirms Departure from BlueSky Board

May. 6, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Jack Dorsey Donates $21 Million to Bitcoin Organization OpenSats, Confirms Departure from BlueSky Board
Jack Dorsey Donates $21 Million to Bitcoin Organization OpenSats, Confirms Departure from BlueSky Board
Share
Facebook Twitter LinkedIn Pinterest Email

Twitter founder Jack Dorsey, through his philanthropic initiative #startsmall, donated $21 million to the Bitcoin non-profit organization OpenSats to support the further development of Bitcoin and open-source projects. At the same time, Dorsey confirmed that he has stepped down from the board of directors of the decentralized social project BlueSky.

Twitter founder Jack Dorsey and his company have been actively developing the Bitcoin ecosystem. His company, Block (formerly Square), announced on the 24th of last month that it has completed the development of 3-nanometer Bitcoin mining chips, bringing it closer to the goal of decentralized Bitcoin mining hardware supply and computational power distribution. On the 25th of last month, Block introduced the feature of converting sales into Bitcoin for its merchants.

Jack Dorsey donated $21 million to the Bitcoin non-profit organization OpenSats. Following this, on the 4th, Jack Dorsey’s philanthropic initiative #startsmall donated $21 million to the Bitcoin non-profit organization OpenSats. The organization is dedicated to providing funding for Bitcoin and open-source project developers to enhance public access to Bitcoin infrastructure.

As for how this funding will be utilized, Opensats stated:

Before this news was released, data privacy advocate Edward Snowden called for increased privacy features in the Bitcoin protocol. Dorsey retweeted Snowden’s tweet and announced the donation. In response, some netizens quoted Dorsey’s previous views on Bitcoin, saying, “Bitcoin truly changes everything. There is nothing more important in my lifetime.”

Dorsey leaves Bluesky board

It is worth mentioning that when Dorsey promoted his new charitable donation, a netizen asked if he is still on the board of the decentralized social project Bluesky, to which he answered “no.”

Bluesky is a community network protocol aimed at pursuing Dorsey’s Platonic ideal, hoping to establish a standard for social networking sites to free them from restrictions and central control. Bluesky was opened to all interested users in February, no longer limited to invitation-only.

In addition, on the 4th, Dorsey tweeted on X:

Dorsey’s final sentence, “You are using one,” implies that X platform is also a form of free technology. This indicates a clear improvement in the relationship between Musk and Dorsey. A year ago, Dorsey had expressed on Bluesky that everything went bad after Musk took over Twitter and thoroughly transformed it.

Related Reports

Practicing environmentally friendly mining! Square invests $5 million to collaborate with Blockstream in building a Bitcoin “solar-powered” mining farm.

Twitter CEO also starts mining Bitcoin! Jack Dorsey: I’m trying to mine with Compass Mining.

In-depth exploration | What does BlueSky, behind Twitter founder Jack Dorsey’s plan to decentralize power, want to change?

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Brazil’s “Bitcoin Reserve Bill” Passes Initial Review, Bringing 5% of Foreign Exchange Reserves ($18 Billion) Closer to Purchasing BTC

Jun. 18, 2025

SharpLink Gaming Acquires 176,000 ETH for $460 Million, Yet Stock Price Plummets Nearly 70%

Jun. 14, 2025

“Surge in Institutional Accumulation: Crypto KOL Anthony Pompliano Reportedly Set to Become CEO of ProCapBTC, Aiming to Raise $750 Million All in BTC”

Jun. 14, 2025

MicroStrategy’s Michael Saylor: Apple Should Invest in BTC, as It Would Better Stimulate Share Prices than Stock Buybacks

Jun. 11, 2025
Add A Comment

Leave A Reply Cancel Reply

Editors Picks

4 Steps to Efficiently Find Alpha and Organize Smart Money Twitter Accounts on X

Jun. 15, 2025

“Crypto as a Card Table: Winning Strategies in Texas Hold’em and Cryptocurrency Trading – Risk, Decision-Making, and Mindset”

Jun. 15, 2025

a16z: Misconceptions in Cryptocurrency Applications and the Three Distorted Truths

Jun. 13, 2025

The Gambler’s Mindset Ultimately Leads to Loss: Mathematical Analysis Teaches Survival Principles for Investment

Jun. 13, 2025
Latest Posts

ZKEX Secures 25 Million Seed Funding to Build Super DEX MultiChain Decentralized Exchange

Jul. 19, 2024

ZKasino, Suspected of Rug Pull, Announces 1:1 ETH Refund within 72 Hours, Including Return of $ZKAS

May. 29, 2024

Zhu Su’s OPNX Exchange Shuts Down Abruptly! Governance Token $OX Plunges 38%, Urgent Withdrawals Required

Feb. 2, 2024
About Us
About Us

BlockRena is your gateway to the blockchain community, offering a vibrant space where industry insights, innovation, and the latest happenings converge. Explore the ever-growing world of blockchain technology with us.

X (Twitter) Telegram
Hot Category
  • Platforms
  • Altcoins
  • Ethereum
  • Bitcoin
navigation
  • Technology
  • Interviews
  • Regulations
  • Blockchain Applications
  • Cryptocurrency Market
Copyright © 2025 BlockRena. All Rights Reserved.
  • Home
  • Cryptocurrency Market
    • Analysis
    • Exchanges
    • Investing
    • Venture Capital
  • Blockchain Applications
    • Market
    • DeFi
    • DApps
    • Platforms
  • Technology
    • Bitcoin
    • Ethereum
    • Altcoins
  • Regulations
  • Interviews
  • All Posts

Type above and press Enter to search. Press Esc to cancel.