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Balaji Closes Bitcoin Bet With $1.5M in Donations, Including $500K for Bitcoin Core Development

Amid the initial bank failures in the U.S., the tech entrepreneur in mid-March had bet $1 million that bitcoin would hit $1 million within 90 days.

Updated May 9, 2023, 4:13 a.m. Published May 2, 2023, 9:01 p.m.
Balaji Srinivasan (onscreen) speaking at Consensus 2023 (Shutterstock/CoinDesk)
Balaji Srinivasan (onscreen) speaking at Consensus 2023 (Shutterstock/CoinDesk)