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**Jack Dorsey Donates $21 Million to OpenSats for Bitcoin Development**

May 6, 2024

Without former Twitter CEO Jack Dorsey, OpenSats has received a significant $21 million donation for Bitcoin development. The donation was confirmed by OpenSats in a blog post on May 4, aiming to support open-source projects worldwide. Dorsey, who previously led Twitter, has long been a supporter of the Bitcoin community and expressed his belief in its power to transform finance and technology. Specifically, the funds will be allocated to various projects, such as legal defense for Bitcoin developers. OpenSats plans to distribute the $21 million into different funds, including the General Fund, Nostr Fund, and operational budgets. The General Fund finances free and open-source Bitcoin projects, while the Nostr Fund is focused on the development of Nostr, a decentralized social network. OpenSats has a history of backing multiple projects to expand the Bitcoin ecosystem. Developers are encouraged to apply for funding through opensats.org/apply for a chance to benefit from this opportunity.

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