diff --git a/data/blog/opensats-receives-donation-from-bitwise-etf.mdx b/data/blog/opensats-receives-donation-from-bitwise-etf.mdx new file mode 100644 index 000000000..69ee12637 --- /dev/null +++ b/data/blog/opensats-receives-donation-from-bitwise-etf.mdx @@ -0,0 +1,57 @@ +--- +title: "OpenSats Receives Donation from Bitwise Bitcoin ETF" +date: '2026-03-10' +tags: ['OpenSats', 'funding', 'donations', 'bitcoin'] +authors: ['odell', 'dergigi'] +images: ['/static/images/blog/102-opensats-receives-donation-from-bitwise-bitcoin-etf.jpg'] +draft: false +summary: "OpenSats receives a recurring donation from Bitwise for open-source Bitcoin development." +--- + +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]. + +[BITB]: https://bitbetf.com/ +[ongoing commitment]: /blog/recurring-donations-from-bitwise-bitcoin-etf-bitb +[pledged to donate 10% of gross profits]: https://www.businesswire.com/news/home/20250218442168/en/Bitwise-Donating-$150000-from-BITB-Profits-to-Bitcoin-Open-Source-Developers +[Brink]: https://brink.dev/ +[Bitcoin Development Fund]: https://hrf.org/program/financial-freedom/bitcoin-development-fund/ +[our funds]: /funds +[Operations Budget]: /funds/ops +[apply for funding]: /apply diff --git a/public/static/images/blog/102-opensats-receives-donation-from-bitwise-bitcoin-etf.jpg b/public/static/images/blog/102-opensats-receives-donation-from-bitwise-bitcoin-etf.jpg new file mode 100644 index 000000000..075f41783 Binary files /dev/null and b/public/static/images/blog/102-opensats-receives-donation-from-bitwise-bitcoin-etf.jpg differ