EverGive targets $13m Bitcoin Reserve with new president appointment
EverGive, the organisation pioneering a Bitcoin Reserve to provide sustainable, long-term charitable funding, has appointed co-founder Muhammed Yesilhark as president. An experienced investor and digital assets expert, Yesilhark has been instrumental in shaping EverGive's mission to free charitable funding from the constraints of high time preference and misaligned incentives.
In his new role, Yesilhark will oversee strategy for EverGive's Bitcoin Reserve – currently valued at £1.55m ($2m) – with the goal of surpassing £10m ($13m) by the end of 2025. His remit includes guiding investment decisions, forging strategic partnerships, and ensuring the reserve delivers maximum long-term impact for the charitable sector.
Yesilhark also serves as chief investment officer at NOIA Capital and sits on the Board of Directors of Dubai Chamber Digital Economy. His career spans leadership positions at hedge funds in New York and London, alongside long-standing advocacy for Bitcoin as a tool for economic empowerment and financial sovereignty.
EverGive's model converts donations into Bitcoin, a scarce and borderless asset, allowing value to appreciate over time rather than being spent immediately. This approach ensures that partner charities, including Cancer Research UK, Great Ormond Street Hospital, and Orphans in Need, benefit from a predictable and growing stream of support, even in economic downturns.
'Bitcoin is more than just a financial asset. It's freedom technology,' said Yesilhark. 'EverGive is about turning generosity into permanence – creating an engine of support that doesn't erode with time, inflation, or politics. That's why Ismael and I are so committed to building this.'
With more than $130m raised for charities by the EverGive team in previous ventures, the organisation now aims to reach 100,000 monthly donors and expand the reserve into a global endowment for causes with lasting societal impact.
'Muhammed's leadership and investment depth continue to be a powerful asset for us,' said EverGive co-founder and CEO Ismael Dainehine. 'His conviction in Bitcoin as a foundation for long-term giving has shaped EverGive's approach from day one. Together, we're building something that can shape how humanity manages its responsibility to the future, and how it funds impact – not just this year, but forever.'
Digital asset donations exceeded $1bn in 2024, with more than 70 per cent of Forbes' top charities now accepting digital assets such as Bitcoin. EverGive is positioning itself at the forefront of this shift, not only adapting to change but helping to define the future of philanthropic infrastructure.
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