Bitcoin Education Nonprofit Faces Funding Shortage

According to PANews, Mi Primer Bitcoin, a Bitcoin education nonprofit based in El Salvador, is at risk of running out of funds by September. Founder John Dennehy disclosed that despite expecting several grants by the end of the year, the organization requires additional funding to sustain operations until then. Dennehy attributed the situation to the failure to meet this year's fundraising goals. He emphasized the organization's continuous efforts to cultivate funding sources to maintain true independence and ensure long-term sustainability. However, he noted that a few months of transitional funding are necessary to achieve this objective.