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OpenSats quarterly report is out.

In total, OpenSats has allocated $34,242,506 USD to free and open-source projects and sent ~39.5 billion sats to 400 grantees in 40+ countries.

They say they allocate $1M worth of sats every month. I did not realize they were doing that much.

Also this is cool:

By leveraging bitcoin for payouts, we pay less than 0.0005% (about $5) in transaction fees each month to send money to all our grantees, globally and almost instantly.

I also enjoyed Gigi's framing here:

  • We don't fund anything that is closed source.
  • We don't fund anything that has a shitcoin attached to it.
  • we try to focus on funding software and infrastructure that can't be monetized easily.

And these numbers are cool:

  • 400 grants, and counting. This quarter, we crossed 400 grants awarded since our inception.
  • 3,000+ application evaluations. Every grant application is reviewed independently by multiple board members and technical committees.
  • 10,904 pull requests. Our grantees cited that many in their 2025 progress reports. The fuller picture is in our 2025 Year in Review, out late January.
  • 1,224 issues closed, leading to 477 releases. That's in 2026-Q1 alone. Explore them all at https://opensats.org/heartbeat.