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OpenSats Receives Donation from Bitwise Bitcoin ETF

Authors

We are pleased to announce that OpenSats has received a recurring donation from the Bitwise Bitcoin ETF (ticker: BITB), as part of their ongoing commitment to support Bitcoin open-source development.

When Bitwise launched BITB in 2024, they pledged to donate 10% of gross profits each year to organizations supporting the Bitcoin ecosystem. Today, we're honored to be one of three recipients, alongside Brink and the Human Rights Foundation's Bitcoin Development Fund, to share in this year's $233,000 donation to support open-source developers who maintain and improve critical software in the Bitcoin ecosystem.

As a 501(c)(3) public charity, OpenSats directs 100% of donations to our funds to support free and open-source projects, while separate contributions to our Operations Budget cover administrative expenses. This recurring support from Bitwise to our General Fund strengthens our ability to channel resources directly to developers, researchers, educators, and maintainers building critical Bitcoin infrastructure.

Bitcoin is changing the world, and Bitwise will always strive to do our part to be a good steward of this incredible ecosystem.

—Bitwise

We are grateful to Bitwise for delivering on their promise to reinvest BITB's growth directly back into the ecosystem that powers it. Their leadership among Bitcoin ETF issuers sets an important example for the industry, and we hope others will follow suit in supporting the open-source software that makes Bitcoin possible.

If you share our commitment to free and open-source software for Bitcoin and freedom tech, you can support us by making a recurring donation.

If you are a developer working on free and open-source Bitcoin and nostr projects, we encourage you to apply for funding.