Bitwise Allocates $233,000 to Bitcoin Open-Source Developers Under $BITB Profit Reinvestment Plan

Bitwise donated $233,000 to Bitcoin open-source developers today under its commitment to reinvest 10% of gross profits from its $BITB product into the Bitcoin ecosystem. The contribution is part of Bitwise's annual pledge to support open-source development around the network with a fixed share of $BITB earnings.