Jay-Z and Jack Dorsey bet $23 million on Africa's Bitcoin future. Here is what happened next
Billionaires Africa | 02.06.2026 21:31
In February 2021, Jack Dorsey and Jay-Z did something that got the cryptocurrency world talking. The then-CEO of Twitter and the rap mogul whose real name is Shawn Carter jointly donated 500 Bitcoin, worth roughly $23 million at the time, to establish a nonprofit called Btrust. The goal, as Dorsey framed it on Twitter in typically sparse fashion, was to make Bitcoin the internet's currency, starting with teams in Africa and India.