Salvadoran Educational Nonprofit Mi Primer Bitcoin Risks Running out of Funds


Salvadoran Educational Nonprofit Mi Primer Bitcoin Risks Running out of Funds

  news.bitcoin.com 28 August 2024 08:18, UTC

Mi Primer Bitcoin, an educational bitcoin nonprofit organization founded in El Salvador, risks running out of funds by September according to statements from its founder John Dennehy. Dennehy declared that while they expect to receive multiple grants by the end of the year, they need additional funds to reach that period. He assessed that this situation derived from falling short of their fundraising goals for this year. “We’ve been working tirelessly to cultivate funding sources that best allow us to remain truly independent and ensure long-term sustainability, but we need a bridge for a couple of months to get there,” Dennehy concluded.

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