A nonprofit called Come Back Alive is raising approximately $4 million in total to support the Ukrainian military at war with Russia. bitcoin managed to collect donations. More than $3 million worth of BTC sent by a single person among donations drew attention.
Bitcoin Donations Flow to Ukraine
According to the available information, donations made by 350 different people range in financial terms from $1,000 to $2,000.
As it was recently understood, the non-governmental organization in question had actually been accepting donations in BTC since August 2021. However, these donations were small at that time, between $4,000 and $5,000 per month. With the beginning of Russia’s invasion of Ukraine, the amount of donations doubled.
With the latest developments cryptocurrenciesThey constitute a strong and popular alternative to traditional currencies, especially when it comes to donations from other countries.
The donations are expected to be used by the non-governmental organization for the medical needs of the Ukrainian army, humanitarian aid, psychiatric services, military equipment and other purposes.
Come Back Alive is not the only group accepting cryptocurrency donations in the region, but there is no detailed information about the donations received by other groups.
At the time of this writing, we see that the group has a total of 125 Bitcoins in its wallet. At current price levels, this equates to $4.8 million. One donor sent a donation of 3.1 million dollars to the non-governmental organization in one go. The donor in question paid $0.14 as a transaction fee for this transfer.