San Diego State University Accepting Bitcoin Donations

Bitcoin Magazine

  • SDSU is now openly accepting bitcoin donations.
  • In October, a bitcoin donor convinced the university to accept ongoing donations in the P2P money and hold most of it.
  • Only 1% of the donations will be employed each quarter to explore Bitcoin opportunities for SDSU.

San Diego State University is now accepting bitcoin donations after a former undergraduate student donated about $25,000 worth of BTC in October and advocated for the school’s continued acceptance of the peer-to-peer money.

SDSU said in a statement that The Campanile Foundation, an official tax-exempt auxiliary of the university dedicated to increasing SDSU’s private funding, had created an endowment fund to coordinate the new donations vehicle, the Montezuma & Satoshi Cryptocurrency Endowment, after the initial bitcoin donor requested continued acceptance of bitcoin donations.

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