Jack Dorsey, Jay-Z's Bitcoin Academy to teach financial literacy to residents of Brooklyn housing project

The free classes, which will be offered in-person and online from June 22 through Sept. 7, are exclusively available to residents of Brooklyn New York's Marcy Houses complex, where Jay-Z grew up. 

The Bitcoin Academy plans to eventually expand to other neighborhoods in the future.

The in-person classes will be hosted two evenings per week and serve participants dinner.

The academy will provide participants with MiFi devices and a one-year limited data plan, plus smartphones if needed.

A spokesperson for the Bitcoin Academy confirmed to FOX Business that the curriculum will include topics such as "What is Money?

Bitcoin has bounced between an all-time high of $68,990.90 per coin in November 2021 and a 52-week low of $25,402.04 per coin in May

"Our goal is to prove that making powerful tools more available to people enables them to build greater independence."

It is currently trading above the $28,000 per coin level as of the time of publication.

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