$1.3M worth of BTC donated to Bitcoin-hodling charity in less than 3 weeks

Cointelegraph

Published Jun 15, 2021 01:55AM ET

Updated Jun 15, 2021 03:40AM ET

New York-based non-profit, Charity: water, has received more than $1 million in BTC donations to its Bitcoin Water Trust within three weeks of the trust's launch.

The Bitcoin Water Trust was announced during the 2021 Bitcoin conference in Miami. The initiative attracted attention for its “HODL MODL” treasury management strategy — with the non-profit accepting donations in Bitcoin that it will not touch until 2025.

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