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5:04 am
Wed February 19, 2014

University Of Puget Sound Receives $10,000 In Bitcoins From Alum

Nicholas Cary is seen making his bitcoin contribution to the University of Puget Sound from his hotel room in Berlin.
University of Puget Sound

As a 2007 alum of University of Puget Sound, Nicolas Cary has already established himself. The 28-year-old is the CEO of Blockchain, which runs the world's most popular digital wallet for bitcoin, a virtual currency.

But now he's making headlines for his bitcoin contribution to UPS. Cary has electronically transferred just over 14.5 bitcoins to the university, which was then exchanged into $10,000 actual U.S. dollars. It's reportedly the first donation of its kind to a U.S. college or university.

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