Build Asset Management to Donate 10% of Management Fees to Support Open-Source Bitcoin Development
Build Asset Management has committed to donating 10% of management fees from its Bitcoin-backed direct lending fund, Build Secured Income Fund I, to bolster open-source Bitcoin development.
- The donation is set to be no strings attached and occur on a monthly basis.
- The funds split equally between OpenSats and the Human Rights Foundation's Bitcoin Development Fund.
"Bitcoin is advancing financial freedom and economic empowerment for individuals from the bottom up, across the globe, on an open and level playing field. We are committed to supporting its continued development for a brighter future, and these two organizations exhibit remarkable leadership and track records through their work in this area," said Matt Dines, CIO of Build Asset Management.
- "Every profitable bitcoin business should support the open source contributors that make this movement possible. We are incredibly grateful for Build Asset Management choosing to lead by example with a long term commitment to the OpenSats General Fund," added Matt Odell, co-founder of OpenSats.
