Bitwise CEO Confirms Sale of Company Equity by White House AI and Crypto Czar David Sacks

BlockBeats News, March 6th, according to Bitwise CEO Hunter Horsley's social media post: "White House AI and Cryptocurrency Czar David Sacks and Craft invested in Bitwise's seed round in 2017. More than two months ago, David told me they had to divest from Bitwise."

"We worked with David and the Craft team to coordinate and complete the sale of David's 10% stake in Bitwise and Craft's ownership in our company."

"They didn't want to sell—they were early believers in Bitwise and our mission. But David is doing public service, putting the nation first."

"Under the leadership of such a talented and well-informed leader like David, I have never been more optimistic about the United States' cryptocurrency."