Dennis Porterโs update signals SAFโs ongoing work to secure Bitcoinโs place in U.S. policy.
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 SAFโs ongoing efforts to advocate for Bitcoin-friendly legislation at both state and federal levels, 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. Over 20 pieces of legislation have been introduced, with four successfully becoming law. Also, as per SAFโs official website, The organization has also engaged with over 2,000 state and federal lawmakers and participated in more than 20 public hearings to highlight BTCโs potential to benefit the economy, society, and the environment. SAF advocates for the role of BTC mining in supporting grid stability and sustainability.
Additionally, SAF has been a key advocate for the establishment of a U.S. strategic BTC reserve. 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 BTCโs adoption benefits the broader society and fosters technological and economic growth.
Porterโs tweet not only provides an update on SAFโs fundraising progress but also serves as a reminder of the groupโs ongoing mission to create a favorable environment for BTC while opposing policies that could limit its potential.
