Tether Donates $250K To OpenSats To Support Bitcoin And Freedom Tech
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Tether Donates $250K To OpenSats To Support Bitcoin And Freedom Tech
""We at Tether believe that Bitcoin, and the free, open-source software that powers it, are indispensable to a freer and decentralized future,""
""OpenSats is on the front line supporting the continued growth of this ecosystem by funding the next generation of innovators, and we are proud to support their work.""
""OpenSats has provided over 300 grants to developers working on freedom tech projects. Support from Tether will help us continue to scale our mission globally,""
Tether contributed $250,000 to OpenSats, a 501(c)(3) charity that funds projects strengthening Bitcoin and open, censorship-resistant technologies. The donation will support OpenSats' operations and grant-making for free and open-source initiatives, including protocol development, privacy tools, research, and education. OpenSats directs 100% of donations to grantees while keeping operational costs separate. Grants are reviewed and awarded by a nine-member board and target high-impact projects and contributors such as developers, researchers, educators, designers, and reviewers. Tether also increased its bitcoin holdings by nearly 8,889 BTC, bringing total holdings above 86,000 BTC and diversifying into hard assets.
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