Square Inc (NYSE:SQ) announced a grant of nearly $100,000 to two pseudonymous developers for their work on the Bitcoin (BTC) block explorer Mempool.space.

What Happened: On Wednesday, the Jack Dorsey-led company announced the grant of 14,043,207 sats, or 0.14043207 BTC, per month for a period a year on Twitter.

Not even 2 weeks after announcing bitcoin denominated grants, we’re giving @wiz and @softsimon_’s @mempool 14,043,207 sats (or ~869 calzones) a month for 12 months.

BTC traded 1.18% lower at $57,135.97 at press time, making the total grant roughly worth $96,285.

A block explorer is a tool that helps users query for transaction IDs, wallet addresses, block height, and more on the blockchain.

In February, Dorsey, who also leads Twitter Inc (NYSE:TWTR), along with rap star Jay-Z announced a $23.56 million endowment to a trust fund that will fund the development of Bitcoin in Africa and India. .