EverGive, the company behind a world-first Bitcoin reserve for charitable giving, has acquired an additional 0.91 Bitcoin for almost $100,000, bringing the reserve’s total holdings to over 25 BTC, valued at $2.8 million.
This latest milestone strengthens EverGive’s mission to build a long-term digital endowment for global charitable causes.
The EverGive Bitcoin Reserve is powered by donations from over 20,000 donors, with the company targeting 100,000 donors and a $10 million reserve by the end of 2025.
The reserve enables charity partners to raise funds for the long term, addressing a key challenge in the sector of maintaining consistent funding sources.
EverGive is accelerating its growth and expanding access to its Bitcoin Reserve for charities worldwide.
The company is working closely with a number of charity partners to scale Bitcoin reserve solutions for charitable organisations. EverGive CEO Ismael Dainehine recently spoke on stage at the London Blockchain Conference highlighting that the biggest risk for charities is lack of financial planning for the future.
Ismael Dainehine, CEO and co-Founder at EverGive, said, “Passing 25 Bitcoin in our charitable reserve is another step on the journey, but we are only at the beginning.
Our focus now is on growth – expanding the platform, developing new products, and bringing more charities and donors into the EverGive ecosystem. I personally speak to charities daily and there is a belief that this new model of giving will be transformative for the sector. This is about building a sustainable, compounding legacy for global charities.
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