“Jay-Z and I are going to donate 500 bitcoins to a new endowment called BTST to fund the development of bitcoin, which will initially focus on teams in Africa and India,” Jack Dorsey, a service company from Square Boss also tweeted. of payment.

500 bitcoins were valued at $ 24 million on Friday.

“It would be a blind faith, which would not receive any instructions from us,” he said before mentioning a link to the candidates for the first three board positions.

According to the application page, Beatrust’s mission will be to “make Bitcoin the currency of the Internet”.

Canadian authorities on Friday authorized the launch of the world’s first exchange-traded bitcoin fund, giving investors greater access to cryptocurrency.

Despite its noted reputation – Bitcoin is suspected of being used for illegal transactions – cryptocurrency is gaining its fame for investment from large companies.

On Monday, Tesla invested $ 1.5 billion in bitcoin and plans to accept virtual currency as payment for its cars.

In October, PayPal, the online payments giant, bought a cryptocurrency, started selling and payment services, while Square announced that it had invested $ 50 million in bitcoin.

Blackrock, which manages billions of dollars of funds for civil servants and the wealth of companies or the rich, also brought its legitimacy by adding virtual currency to the list of financial products in which it could invest.

Jack Dorsey has never made a secret of his interest in bitcoin what he sees as the model of decentralized governance for the Internet.