'Only $250K?' Jack Dorsey Prods Tether Over Donation to Support Bitcoin Devs

Group 1 - Tether announced a $250,000 donation to OpenSats to support Bitcoin developers, which was criticized by Jack Dorsey for being too small [1][2] - Tether is one of the most profitable companies in the crypto industry, reporting a $13 billion profit last year and seeking a $500 billion valuation in talks with potential investors [2] - OpenSats, the recipient of Tether's donation, funds the development of free and open-source Bitcoin software [2] Group 2 - Jack Dorsey has donated over $21 million to OpenSats through his Start Small initiative in 2024, highlighting his commitment to supporting Bitcoin development [3] - Dorsey has been a prominent advocate for decentralized technology and is recognized as a significant supporter of Bitcoin [3] - Udi Wertheimer, a Bitcoin developer, initially supported Dorsey but later criticized him for his investments in Ocean, a Bitcoin mining pool [4] Group 3 - Wertheimer suggested that Dorsey should consider the impact of his Ocean investment on his philanthropic contributions, indicating that it may hinder Bitcoin development [5]