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December 16, 2021

Jack Dorsey and Jay-Z

Yesterday, Jack Dorsey confirmed that he has partnered with Jay-Z to give 500 BTC to fund Bitcoin development in Africa and India.

The Twitter announcement from Dorsey read, "The BTC will be going to a new endowment named ₿trust to fund Bitcoin development, initially focused on teams in Africa & India. It‘ll be set up as a blind irrevocable trust, taking zero direction from us."

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