Square Allocates  Million Bitcoin Endowment, Selects Black Bitcoin Billionaire As First Recipient

Correction: When first published, this story inaccurately indicated that Black Bitcoin Billionaire would receive all $5 million of the Bitcoin Endowment. A source from Square confirmed that Black Bitcoin Billionaire would receive 1 BTC from the endowment.

Financial services company Square has allocated $5 million in BTC to its Bitcoin Endowment program and has selected educational program Black Bitcoin Billionaire as the first-ever recipient for a grant from the program. Black Bitcoin Billionaire is receiving 1 BTC from the endowment, according to Square.



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