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23 June 2021

Square Allocates $5 Million Bitcoin Endowment To Black Bitcoin Billionaire

Square Allocates $5 Million Bitcoin Endowment To Black Bitcoin Billionaire


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Financial services company Square has allocated $5 million in BTC as part of its Bitcoin Endowment program to educational program Black Bitcoin Billionaire, the first-ever recipient for a grant from this program.

“The Bitcoin Endowment, which is funded from the interest on a portion of Square’s corporate bitcoin holdings, provides funding to individuals and organizations working toward increasing bitcoin education and adoption in historically under-resourced communities across the globe,” according to a Square announcement shared with Bitcoin Magazine.

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