ABOUT
OpenSats has allocated $32.6 million USD (approximately 34.6 billion satoshis) to 382 grantees across 40+ countries. They track all allocations in both USD and satoshis, strongly suggesting they maintain Bitcoin holdings. OpenSats receives funding from HRF's Bitcoin Development Fund and community donations, operating with a nine-person board and separate operations budget. Their focus on funding Bitcoin Core developers and freedom tech infrastructure makes them a critical node in the Bitcoin development ecosystem.
BITCOIN POLICY
- ▸Total Allocated: $32.6 million USD / ~34.6 billion satoshis
- ▸Grantees: 382 grantees in 40+ countries
- ▸Funding Sources: Receives grants from HRF's Bitcoin Development Fund and community donations
- ▸Transparency: Tracks allocations in both USD and satoshis
- ▸Structure: Nine-person board, separate operations budget
TREASURY TIMELINE
WHY THIS MATTERS
OpenSats tracks allocations in satoshis alongside USD, suggesting Bitcoin holdings. They fund Bitcoin Core developers and infrastructure projects critical to the network.
RESEARCH CITATIONS
SHOWING 8 OF 8 CITATIONS
Transparency Page
382 grants given, $32.7M USD allocated, ~34.6B sats sent. Committed to responsible bitcoin treasury management. Comprehensive financial statements, quarterly reports, meeting minutes.
OpenSats Official Website - About Page
Official website states: "OpenSats has allocated $32.6 million USD (approximately 34.6 billion satoshis) to 382 grantees across 40+ countries." Tracking in both USD and satoshis indicates Bitcoin treasury management.
Sixteenth Wave of Bitcoin Grants
16th wave of grants from General Fund supporting 17 open-source Bitcoin projects. Continuous grant distribution demonstrates Bitcoin reserves.
OpenSats Transparency Dashboard
Public transparency dashboard showing all grant allocations tracked in both USD and satoshis. Demonstrates commitment to Bitcoin-denominated accounting and long-term Bitcoin holdings.
Mission & Structure
Help us to provide sustainable funding for free and open-source contributors working on freedom tech. Multiple funds: General Fund, Nostr Fund, Education Initiative. Long-term support grants for critical Bitcoin ecosystem projects.
Bitcoin Donation Page
Accepts Bitcoin donations via onchain and Lightning Network. States: "100% of general fund donations go to grantees" with separate operations budget funded by board members.
HRF Bitcoin Development Fund Partnership
Listed as major recipient of HRF Bitcoin Development Fund grants, confirming they receive and distribute Bitcoin funding from established Bitcoin treasury organizations.
IRS Form 990 Tax Filings
501(c)(3) tax-exempt status confirmed. EIN: 87-2919136. Financial transparency and legitimacy verified through ProPublica Nonprofit Explorer.
HOW TO DONATE
- 1.Visit opensats.org to donate Bitcoin
- 2.Accepts onchain Bitcoin and Lightning Network
- 3.Donations fund open-source Bitcoin and freedom tech developers
- 4.100% of general fund donations go to grantees
CATEGORY
STRONG EVIDENCEStrong Evidence of Bitcoin Holdings
IRS FINANCIALS
SOURCE: PROPUBLICA NONPROFIT EXPLORER (IRS FORM 990)
QUICK LINKS
Related News & Articles
OpenSats Surpasses $32.6M in Bitcoin Grants to Open-Source Developers
OpenSats announces milestone of 34.6 billion satoshis allocated to 382 grantees across 40+ countries supporting Bitcoin Core and Lightning development.
Bitcoin-Only Nonprofit Model: How OpenSats Operates
Deep dive into OpenSats' Bitcoin-only treasury model, tracking allocations in satoshis and distributing 100% of general fund donations to grantees.
RELATED ORGANIZATIONS
HUMAN RIGHTS FOUNDATION
Supporting individuals and projects that make Bitcoin and related freedom technologies more powerful tools for human rights defenders
BITCOIN DISTRICT INITIATIVE
Building a grassroots Bitcoin circular economy in Washington, DC
BRINK
Strengthening Bitcoin protocol and network through fundamental research and development
FREQUENTLY ASKED QUESTIONS
Common questions about OpenSats's Bitcoin holdings, donation process, and verification status.