Mi Primer Bitcoin, a Bitcoin Education Nonprofit in El Salvador, is at Risk of Running Out of Fund
John Dennehy, founder of Mi Primer Bitcoin, a bitcoin education nonprofit founded in El Salvador, has revealed that the organization is at risk of running out of funds and could run out of money in September, according to Bitcoin.com.Dennehy said that while they expect to receive multiple grants before the end of the year, they will need additional funding to sustain them until that period.
He assessed that the situation is a result of missing this year's fundraising target.Dennehy concluded, “We have been working tirelessly to cultivate sources of funding so that we can maintain true independence and ensure long term sustainability, but we will need a few months of bridging funds to make this happen.”
Translated with DeepL.com (free version)
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