If You Invested $1000 In Bitcoin When Jack Dorsey And Rapper Jay-Z Establish A Bitcoin Non-Profit, Here’s How Much You’d Have Today
Posted On October 1, 2024
Jack Dorsey, who co-founded social media giant Twitter, now known as X, is among the handful of tech honchos to publicly champion Bitcoin (CRYPTO: BTC) and its underlying technology.
However, apart from words, his actions also reflect his commitment to leading the cryptocurrency industry.
What happened: Dorsey, who’s currently at the helm of Block, Inc., once famously said that Bitcoin had the potential to become the internet’s native currency, owing to its fundamentals.
On Feb. 12, 2021, he, along with rap star Jay-Z, established a Bitcoin non-profit to fund the development of the apex cryptocurrency, initially targeted at Africa and India. The duo invested 500 BTC to support the fund.
During this time, one BTC was valued …
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