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How Bitcoin is Changing the Face of Non-Profits

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How Bitcoin is Changing the Face of Non-Profits

How Bitcoin is Changing the Face of Non-Profits

Before, we have covered how Bitcoin will disrupt the banking and finance sectors. However, that is only one consequence of the emergence of cryptocurrencies and the public ledger system known as the blockchain.

Non-profits and charities accepting bitcoins are already benefiting. These organizations typically rely on donations to survive, by accepting bitcoin donations opens them up to new opportunities that are otherwise not possible.

The infographic gives two examples of ways that bitcoins can make it to a non-profit. First, a donor can give directly to the public address (sometimes expressed through a QR code) of the organization. Alternatively, through an app such as Bitgive, a donor can find and select a charitable organization that accepts bitcoins. Then, the intermediary handles the transaction and makes sure the funds get to the organization.

The benefits are plentiful: donors can give money from anywhere in the world at anytime, the transaction fees are minimal, the transaction is anonymous, and organizations can use companies like Coinbase and BitPay which will instantly convert transactions into whatever is the preferred currency with little market fluctuation risk.

Original graphic from: WhoIsHostingThis

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Visualizing Microsoft’s Revenue, by Product Line

This graphic breaks down Microsoft’s revenue by segment—from cloud office software to AI search engine capabilities in 2023.

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Visualizing Microsoft’s Revenue, by Product Line

This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.

Over the last decade, Microsoft’s revenue has more than doubled, driven by key product lines like its intelligent cloud infrastructure.

Adding to this, Microsoft launched its AI-enabled search engine, Copilot last year, which has already generated $12 billion for the company. Beyond this search engine, Microsoft is developing a range of AI-based services, such as Azure Arc, a cloud computing platform with 18,000 customers.

This graphic breaks down Microsoft’s revenue in 2023, based on data from Affinity powered by Syntax.

Microsoft’s Most Lucrative Business Segments

In 2023, Microsoft revenues soared to a record $211 billion as demand for AI services accelerated.

As one of the world’s largest companies by market cap, Microsoft reached a $2.8 trillion valuation as investors flocked to big tech and AI-related stocks last year. Amid strong growth, here’s how much revenue was generated from Microsoft’s product lines in 2023:

Product LIneFY2023 Revenue Share of Revenue
Cloud Computing Services$80B38%
Cloud Office Suite Software$49B23%
Operating Systems$22B10%
Gaming Consoles$15B7%
Employment Listing Platform$15B7%
AI-Enabled Search Engine$12B6%
Other$19B9%
Total Revenue$211B100%

Comprising 38% of total revenues in 2023, Microsoft’s cloud computing services segment earns more than any other by a long shot.

These intelligent cloud services provide the servers, storage, and data centers that enable businesses to run websites and other computing services without the need for buying individual hardware and software.

The second-highest revenue driver was cloud office suite software, with sales of Microsoft 365 bringing in $49 billion in revenue.

Meanwhile, Microsoft’s gaming consoles segment pulled in $15 billion in one of its best years ever. In 2023, the company acquired Activision Blizzard for $68.7 billion, known for World of Warcraft and Call of Duty. It was the company’s biggest acquisition in its history.

Falling after gaming revenues is Copilot, its AI-enabled search engine, making up 6% of 2023 revenues. This productivity tool can be embedded into Microsoft 365, allowing companies to use natural language prompts to gain data on their company, summarize insights from meetings, and a host of other functions.

As AI-related services continue to gain momentum, it remains to be seen whether Microsft’s revenue will continue to see strong growth. So far, investor optimism has remained elevated.

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