Coin Center has also confirmed that the donation was personal, as opposed to coming through Square or Twitter.
Last month, the think tank launched a promo campaign with Greyscale, a digital asset manager, which promised to match donations up to $1 million. Brito wrote that Dorsey put the campaign “over the top and then some.”
Dorsey has been advocating for blockchain tech for years: Square’s dedicated cryptocurrency arm has invested a significant chunk of its own treasury in crypto, and gives out grants to Bitcoindevelopers in the space. It’s also put $10 million toward its “Bitcoin Clean Energy Investment Initiative,” which looks to reduce the asset’s notoriously large carbon footprint.
Dorsey also set up Blue Sky, a non-profit tasked with building a decentralized protocol for Twitter.