Dennis Porter’s update signals SAF’s continued work to secure Bitcoin’s place in US politics.
In a recent tweet, Dennis Porter, CEO and co-founder of Satoshi Action Fund, shared that the organization has raised $300,000 of its $500,000 fundraising goal, with two weeks remaining in the campaign. This announcement reflects SAF’s ongoing efforts to advocate for Bitcoin-friendly legislation at the state and federal level, ensuring that Bitcoin (BTC) has a place in future regulatory frameworks.
Beyond fundraising, SAF has been a driving force in advancing BTC and BTC mining policies. More than 20 pieces of legislation were introduced, with four becoming law. Also, according to the SAF official websiteThe organization has also engaged with more than 2,000 state and federal legislators and participated in more than 20 public hearings to highlight BTC’s potential to benefit the economy, society and the environment. SAF supports the role of BTC mines in support of the stability and sustainability of the network.
In addition, SAF has been a key lawyer for the establishment of a strategic reserve BTC US. The idea has gained momentum, supported by prominent figures such as Senator Cynthia Lummis and former President Donald Trump. The organization continues to work closely with legislators and the public to ensure that the adoption of BTC benefits the wider society and fosters technological and economic growth.
Porter’s tweet not only provides an update on SAF’s fundraising progress, but also serves as a reminder of the group’s ongoing mission to create an enabling environment for BTC while opposing policies that could limit their potential.
