Chief Financial Officer of San Diego State University’s (SDSU) Campanile Foundation, David Fuhriman, spoke to Campus Reform about the school’s decision to accept Bitcoin and cryptocurrency donations.
Fuhriman noted the push to expand SDSU’s donor base, explained how the donated funds will be used, and expressed optimism for the asset class.
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San Diego State University is now accepting donations in the form of Cryptocurrencies such as Bitcoin and Ethereum.
An anonymous donor has sent the school approximately $25,000 worth of Bitcoin, according to the SDSU NewsCenter.
“The SDSU auxiliary will keep almost all of the contribution in the form of Bitcoin instead of immediately converting it all to cash as many other universities have done,” the outlet reported.
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