- Twitter CEO Jack Dorsey has donated 1 Bitcoin to a non-profit organization called Brink.
- Jack made his donation at the time when the Bitcoin price was $46,824
- Brink will use the 1BTC donation to help developers improve upon the Bitcoin network through research.
Twitter CEO Jack Dorsey has donated 1 Bitcoin to a non-profit organization called Brink. Moreover, Jack made his BTC donation at the same time frame when Bitcoin’s price was $46,824.
According to Brink, it will use the BTC donation to help developers to improve upon the Bitcoin network via intensive research.
Brink officially said,
“Brink exists to strengthen the Bitcoin protocol and network through fundamental research and development, and to support the Bitcoin developer community through funding, education, and mentoring.”
As brought by the donation, Brink expressed their enthusiasm in a tweet upon receiving the donation. However, they said that they are extremely pleased to receive such an amount of Bitcoin from no one but Jack. Thanks to Jack.
Along with the donation, the Brink company notably said that their doors are always open for everyone who also wishes to contribute.
In addition to Jack BTC’s donation, Cape Cod hospital has also received a charitable donation of $400,000 in Bitcoin recently. The hospital received the said amount at the same time when they began accepting crypto transactions.
According to CoinGecko, Bitcoin price is $50,017 with 24-hour trading volume of $111,903 at the time of writing.