We believe in a better world where individuals are free and sovereign

1. Attendance

Present (online): Board: Jonathan Yagoobian, John Dennehy, Wally Menjivar, Hector Alvarez, Kiki Hunter, Jamie Robinson, Daniel Prince, Directors:Quentin Ehrenmann, Patrick Korting, Trey Walsh, Arnold Hubach, Benoit Berenger

Absent: None

2. Agenda

1. Welcome
2. Intros
3. Founder’s 30-year vision & 1-year priorities
4. DOFA 90-day review & proposal
5. ED Report
6. Review 2026 plans
7. Planning Q2 meeting in Prague
8. Adjournment
9. Summary of Key Action Items

2. Meeting Notes

1-2. Welcome & intros

• Opened with a welcome and overview of the agenda.
• Board members and leadership team introduced themselves, highlighting areas of focus and collaboration across the organization.

3. Founder’s 30-year vision & 1-year priorities

30-Year Vision:

• Reaffirmed long-term mission: to reimagine education by developing sovereign, high-agency individuals through Bitcoin education.
• Current focus is on scaling globally by empowering educators and leveraging open systems and emerging technologies.

2026 Priorities:

• Strengthen how impact is measured and communicated to partners and funders.
• Increase long-term sustainability through diversified revenue streams.
• Balance the use of AI with strong in-person and community-based education.
• Additional discussion included exploring new partnership models to support fundraising and accessibility.

4. DOFA 90-day Review & Proposal

90-Day Organizational Review

• Reviewed organizational progress toward strengthening internal systems and operational structure.
• Emphasis on continued maturation of governance, compliance, and financial processes.

Proposal Approved:

• Transition of the Director of Finance & Administration role to an employee structure.
• This change supports stronger alignment between responsibility, accountability, and long-term organizational stability.
• Agreement to continue strengthening reporting and communication between leadership and the Board.

5. Executive Director Report

• Continued progress across key strategic initiatives, including platform development, education programs, and global network growth.
• Ongoing investment in technology and systems to support scalability and operational efficiency.

Highlights:

• Expansion of global education network and program development.
• Growth of online learning platforms and supporting infrastructure.
• Continued development of content and tools to support educators worldwide.
• Board noted strong momentum while emphasizing the importance of sustainable growth and long-term financial stability.

6. Review 2026 Plans

Read the 2026 plans

• 2026 plans were reviewed and acknowledged by the Board, with alignment on overall direction and priorities.

7. Planning Q2 meeting

• Next Board meeting scheduled.
• Discussion included planning structure, logistics, and potential opportunities for broader community engagement.

8. Adjournment

9. Summary of Key Action Items

• Continue strengthening governance, reporting, and operational systems.
• Advance development of impact measurement frameworks.
• Support revenue diversification and long-term sustainability initiatives.
• Finalize logistics and structure for June in-person Board meeting.

1. Attendance

Present (in person):John Dennehy, Wally Menjivar

Present (online): Jonathan Yagoobian, Jamie Robinson, Quentin Ehrenmann, Kiki

Absent: none

2. Agenda

1. Welcome – 10:00am – 10:15am
2. GM Report with Quentin – 10:15am – 10:30am
3. Vision Statement Discussion – 10:30am – 12:30pm
4. Discussion on Upcoming Meeting(s) – 12:30pm – 1pm
5. Adjournment
6. Summary of Key Action Items

2. Meeting Notes

1. Welcome

Positive feedback on the announcement of a new strategic partnership.

2. General Manager Report

The General Manager presented updates across operations, education, technology, fundraising, and communications:

- Organizational Development: Continued progress toward a fully open-source educational model. - Hiring & Compliance: Recruitment underway for key roles; compliance filings in progress in multiple jurisdictions. - Fundraising: Quarterly goals achieved; multiple grant applications submitted or pending. - Education & Programs: Expansion of the Bitcoin Diploma with updated workbooks, new translations, and pilot programs. - Tech & Infrastructure: Website redesign launched, internal documentation moving to GitHub, and new publishing initiatives live. - Events: Participation in global Bitcoin events and unconferences, with more planned throughout the year. - Community Network: Active global node network growing in reach and support infrastructure. - Finance & Admin: Increased financial transparency, new accounts opened, and safeguarding policies updated.

3. Vision Statement Discussion

• Explored draft language for a refreshed organizational vision.
• Emphasis placed on clarity, brevity, and action-oriented language.
• Agreed to share the current draft with the broader leadership team for further feedback.

4. Discussion on Upcoming Meeting(s)

• Future board meetings will focus on one key topic per session.
• Next meeting to address updates and alignment of bylaws.
• Agreement to keep board discussions strategic in nature.

5. Adjournment

• Meeting End Time: May 14, 2025 1:00 PM
• Next Meeting Date: Jun 11, 2025 8:00 AM

6. Summary of Key Action Items

• Finalize hiring for key leadership positions.
• Complete ongoing legal and compliance processes.
• Share Vision Statement draft with leadership.
• Refine and prepare educator and youth program materials.
• Launch merchandise and publishing initiatives.
• Prepare for upcoming grant submissions and event engagements.
• Add bylaw review to next meeting’s agenda.

1. Attendance

Present (in person):Kiki, John Dennehy, Wally Menjivar, Jamie Robinson

Present (online): Jonathan Yagoobian, Quentin Ehrenman (GM Report & Topic 1)

Absent: none

2. Agenda

1. Welcome
2. Discussion of the Decentralized Board Proposal
3. Current Status of Work with MINED
4. Review of OKRs from the Perspective of Vision & Mission Alignment
5. Board Notes: Purpose & Process
6. Lunch Break
7. Adjournment
8. Summary of Key Action Items

2. Meeting Notes

1. Welcome

• Confirmed funding support from Paystand.
• Ongoing discussions regarding additional funding sources.

2. General Manager Report

Presenter : Quentin Ehrenmann

Operational Updates:

• Implementation of the MPB Operating System continues, with 9 out of 10 steps completed. The final step involves formalizing Standard Operating Procedures (SOPs).
• The Open-Source Everything initiative remains a key focus, ensuring all educational content and operational documents are publicly accessible.

Education & Community Growth:

• 1,400+ students have completed the Introduction to Bitcoin in El Salvador, with additional schools adopting the curriculum.
• The online school continues to expand, now with 1,692 registered users and 5 nodes actively utilizing dedicated classrooms.
• MPB is developing an education certification program to standardize training for teachers and community educators.

Tech & Website Updates:

• The MPB website is being updated to improve navigation and showcase key initiatives, including the Gala Dinner, Education Manifesto, and Board information.
• Work continues on the Transparency page, which needs updates to reflect 2025 organizational goals.
• A proposal for an MPB online store is under review.

Events & Community Engagement:

- MPB is involved in several upcoming events, including: ○ Bitcoin Park Unconference & Charity Dinner in April. ○ Unconferences in Vancouver and Adopting Bitcoin San Salvador later this year. - The Global Node Network continues to grow, now with 62 nodes in 33 countries.

3. Decentralized Board Proposal Discussion

• The board reviewed a proposal to work with a team governance & communication leader on a decentralized governance model, which included suggested structural changes and a phased implementation approach.
• Board members raised concerns about clarity, potential value, and alignment with MPB’s current structure.
• Decision: The board voted unanimously not to adopt the full proposal but remains open to selectively integrating relevant elements where beneficial and future collaboration.

4. Current Status of Work with MINED

• MPB has completed its role in the MINED project and will focus on celebrating the success of the initiative.
• MPB will work with the Communications & Education teams to develop and share messaging that highlights the impact and success of the project.

5. OKR Review

- Reviewed the 2025 OKR Tracker, ensuring alignment with MPB’s vision and mission. - Adjustments to OKRs: ○ Review of OKRs noted as light, with a focus on refining and clarifying metrics. ○ Considerations for improving specific OKR metrics to better reflect progress and impact.

6. Board Notes: Purpose & Process

- Board notes serve as an official record to maintain institutional memory and demonstrate transparency. - Notes to be shared with the BOD within 48 hours (business days), and published within 72 hours on the website. - Website visibility of BOD section needs improvement - Quarterly Email Newsletter: To be revisited in the next meeting.

7. Adjournment

Next Meeting: TBD

8. Summary of Key Action Items

Board Notes Review & Publication

• Meeting notes shared with BOD within 48 hours and published within 72 hours.

Website Updates

The team will discuss improving visibility and accuracy of the BOD section of the website.

Email Newsletter Exploration

Next meeting to revisit the idea of a quarterly email newsletter.

1. Attendance

Present (in person): Kiki, John Dennehy, Wally Menjivar, Jamie Robinson

Present (online): Jonathan Yagoobian

Absent: None

2. Agenda

1. Welcome (25 mins)
2. General Manager Report (90 mins)
3. Topic 1: Education Department Guidance & OKRs (65 mins)
4. Topic 2: Organizational Tone & Strategy (re: IMF, Government) (60 mins)
5. Topic 3: Board-Level OKRs (60 mins)
6. Adjournment
7. Summary of Key Action Items

2. Meeting Notes

1. Welcome & Board Introductions

Welcomed Wally & Kiki to the Board of Directors

Overview of agenda and shared documents

2. General Manager Report

Presenter: Quentin Ehrenmann

Operations & Governance:

- New Board members: John Dennehy, Jamie Robinson, Jonathan Yagoobian, Wally, Kiki - Advisory Board created: Mike Peterson, Jeremy Almond, Jeff Booth - US registration ongoing; exploring Prospera as an alternative for El Salvador - Tech Department established with new hires: Lead Web Engineer, Lead Bitcoin Engineer, Graphic Designer, Video Editor, Content Manager, Community Builder - Organizational structure updates & implementation of 10-step Operating System Education & Curriculum: - Bitcoin Diploma: 2025 edition published; 11 translations available - Introduction to Bitcoin: Published Teacher’s Guide; released Blink & Wallet of Satoshi versions - Bitcoin for Business: 85% completed; 29 modules submitted for design - Online School Growth: 1,654 registered users; 5 dedicated node classrooms - Teacher Training: Four new teachers onboarded; structured training program in progress

Community & Expansion:

• 55+ node network across 30+ countries
• General Assembly participation record: 22 nodes joined
• Open-source translators added (Togo, Burkina Faso, France)

Tech & Security:

• Weekly check-ins for new hires in the Tech Department
• AlbyHub integration for finance management
• Exploring Nostr tools (Keycast, Xtonostr)

Finance & Compliance:

• Financial Dashboard v1 completed
• Multisig wallet established for fund security; exploring remote signing solutions

3. Education Department Guidance & OKRs

Board support requested for clearer structure, roles, and OKRs within the Education

Department

- Development and execution of educational products require streamlined processes - Curriculum Coordinator to expand responsibilities and report to Director of Education - Guidance document outlining roles and decision-making structure to be finalized and shared - Review of youth programming and partnerships for alignment with MPB’s mission

4. Organizational Tone & Strategy

MPB maintains neutrality on political and financial matters

• Individuals are free to express their opinions as individuals
• Communications strategy to ensure professionalism and factual accuracy

5. Board-Level OKRs

• Defining Board’s goals and strategy for 2025
• Reducing reliance on individual personalities in MPB’s public representation

6. Adjournment

Next Meeting: March 5, 2025, 10:00 AM

7. Summary of Key Action Items

Education & Curriculum

- Introduction to Bitcoin Development: Led by jr@miprimerbitcoin.io with GM, Tech Team & Curriculum Coordinator - Education OKRs & Structure: Board session planned for Introduction to Bitcoin strategy - Guidance Document: Finalize & share “Vision for the Education Department” document - Youth Programs & Partnerships: Review current offerings & partnerships for mission alignment - Curriculum Leadership & Decision-Making: Clarify Director of Education’s authority

Finance & Operations

• Financial Dashboard: BOD to review expense categorization
• Multi-Sig Wallet: Evaluate secure remote signing solutions

Governance & Strategy

• Board OKRs: Define Board’s 2025 goals in the next meeting (March 5)
• MPB Tone & Communication: Ensure neutrality in public statements

➖ Education Department & OKRs: == The Board is refining the structure, roles, and objectives for the Education Department. A guidance document is being finalized to outline decision-making authority, and the Curriculum Coordinator’s role will expand to report directly to the Director of Education. A review of youth programs and partnerships is also in progress.

➖ Bitcoin Diploma & Curriculum Development: == The 2025 Bitcoin Diploma has been published in 11 languages. The Introduction to Bitcoin now includes a Teacher’s Guide and versions for Blink and Wallet of Satoshi. The Bitcoin for Business program is 85% complete, with 29 modules submitted for design. Online school registrations have grown to 1,654 users across five dedicated node classrooms.

➖ Technology & Security Enhancements: == MPB has established a new Tech Department, hiring a Lead Web Engineer, Lead Bitcoin Engineer, Graphic Designer, Video Editor, and Community Builder. Weekly check-ins for new hires are in place. AlbyHub is being integrated for financial management, and Nostr tools (Keycast, Xtonostr) are being explored.

➖ Financial Transparency & Compliance: == A Version 1 financial dashboard has been completed. MPB has established a multisig wallet for fund security and is evaluating secure remote signing solutions to enhance financial oversight. The Board will review expense categorization to improve transparency.

➖ Organizational Tone & Strategy: == MPB remains neutral on political and financial matters while ensuring professional and factual communication. Individual members may express personal opinions, but the organization will maintain a nonpartisan stance.