Bitcoin Foundation is a Bitcoin advocacy and education organization co-founded to accelerate Bitcoin's global growth through standardization, protection, and promotion of the open-source protocol. Bitcoin Foundation's Twitter Score is 175 out of 1000 (an Excellent rating) as of July 2026, ranking #3,158 (top 1%) among 531,432 tracked accounts.
Bitcoin Foundation was co-founded by Gavin Andresen, Jon Matonis, Mark Karpeles, Charlie Shrem, and Peter Vessenes, launching in September 2012 with a mission to promote Bitcoin adoption worldwide. The organization pursued 501(c)(6) tax-exempt status, which the IRS ultimately revoked on May 15, 2022.
Bitcoin Foundation faced significant turbulence in its early years. In June 2013, California's Department of Financial Institutions sent the foundation a warning letter alleging it was operating as an unlicensed money transmitter, a charge that Jon Matonis denied. In January 2014, vice-chairman Charlie Shrem was arrested, resigned from the foundation, and later pleaded guilty to aiding and abetting the operation of an unlicensed money-transmitting business. That same month, Mt. Gox CEO Mark Karpeles resigned from the board as Mt. Gox's crisis escalated, with the exchange later filing for bankruptcy. By 2015, board member Olivier Janssens publicly stated the foundation was nearly insolvent, and staff layoffs followed.
Bitcoin Foundation has published 4,787 posts on the platform and has 360,159 followers as of July 2026. The account has been mentioned by 320 accounts, with 1,637 total mentions.
Who follows Bitcoin Foundation on X?
The accounts that follow Bitcoin Foundation include 878 founders, 137 angel investors, 363 influencers and 46 VCs. Among them are Toly, Erik Voorhees, Laura Shin, CoinDesk, Kyle Samani and Fred Ehrsam.