- U.K.-based charity tech firm EverGive has created a “world-first” Bitcoin reserve model aimed at providing long-term, sustainable funding for charities.
- The reserve has already reportedly grown by 17.16% during its BETA phase.
- EverGive said the reserve addresses the instability and unpredictability of traditional funding sources.
Charity tech firm EverGive has announced the launch of a “world-first” Bitcoin (BTC) reserve that will enable charities to access long-term funding.
The U.K.-based company aims to grow the reserve to £10 million by the end of the year, addressing the global funding challenges currently facing charitable organisations.
EverGive Launches New Reserve
In a news release shared with CCN, the company claimed it had developed a world-first Bitcoin reserve model that allows donations to grow over time.
Founded by a team of charity-tech entrepreneurs, EverGive has already raised £1.3 million (17.17 BTC) in the reserve.
EverGive believes the Bitcoin reserve model is well-positioned to help thousands of charities, pointing to the fact that crypto donations grew to $1 billion for the first time in 2024.
After twelve months in beta testing, the firm is confident that the model offers an alternative to the outdated “give-spend-repeat” cycle.
Fixing a Problem
EverGive believes this model will “fix the broken system of giving,” citing that half of charity leaders claim that generating a stable income is a key challenge.
“The system for supporting much-needed causes globally isn’t working and requires a radical change,” said EverGive CEO Ismael Dainehine.
“All too often, vital services supporting those most in need are forced to rely on fluctuating, unpredictable funding that disappears almost as soon as it is given,” he said.
Dainehine added that charities that do not hold funds are seeing the money lose value over time.
“We want to change this by harnessing the long-term growth of Bitcoin, by building a growing reserve that secures funding for charities and communities creating legacies that last and the freedom for good to flourish in the long term,” he said.
EverGive claimed early donors have already seen the reserve grow 17.16% in value since its inception.
Bitcoin Reserves on the Rise
As Bitcoin continues its march toward mainstream acceptance, corporate holdings of the asset have surged to unprecedented levels.
Major corporations — from tech giants to financial firms — have increasingly integrated Bitcoin into their treasury management strategies, viewing it as a store of value amid economic uncertainty.
Strategy CEO Michael Saylor made the widely noted decision to reallocate the company’s cash reserves into Bitcoin in 2020.
The firm is now leading the charge in what has become an increasingly popular corporate strategy.
In the first half of 2025, publicly traded firms acquired more than 245,000 BTC, marking a 375% increase compared to the same period in 2024.
Public companies are now holding roughly 855,000 BTC, representing around 4% of the total supply.
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