How This Founder Got a $1M Donation From an Anonymous Bitcoin Multimillionaire

"I ran around my house with joy and danced with our twin babies to celebrate (we do a lot of dancing together) the impact that I know that donation will have in the world," says Adam Braun, in a blog post published Tuesday about the moment a $999,999.99 donation from an anonymous bitcoin millionaire hit the bank account of his charity, Pencils of Promise.

The donation came via the Pineapple Fund, an online organization set up by a bitcoin enthusiast to give away the majority of his cryptocurrency wealth.

"Some time around the early days of bitcoin, I saw the promise of decentralized money and decided to mine/buy/trade some magical internet tokens," the bitcoin investor, known only as "Pine," writes on the homepage for the Pineapple Fund. "The expectation shattering returns of bitcoin over many years has lead to an amount far more than I can spend.