Compass Gives Back Supports Katie & Allie Buryk Research Fund at NTSAD

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Dec 22, 2021, 09:00 ET

NEW YORK, Dec. 22, 2021 /PRNewswire/ -- Compass Mining ("Compass"), the world's first and largest online marketplace for bitcoin mining hardware, hosting, and reselling, today announced its December Compass Gives Back recipient, the Katie & Allie Buryk Research Fund, which is supported by the National Tay-Sachs & Allied Diseases Association ("NTSAD"). Compass will be donating $25,000 in bitcoin to support research leading towards effective treatments for Late Onset Tay-Sachs disease, which affects twin sisters Katie and Allie Buryk.

Whit Gibbs, Compass Mining CEO, commented on the donation, "Compass Gives Back is our way of using bitcoin mining to help a worthwhile cause each month, extending crypto's reach outside of the financial landscape. As part of the program, we work with our clients to identify underserved charities in need of funds and we are more than happy to do our part. So far, we have been able to support research in finding cures for two lesser-known medical conditions and we look forward to helping a dozen new organizations in 2022."

Late Onset Tay-Sachs is a rare genetic disorder caused by an absence of an enzyme that produces various neurological symptoms, impacting speech and mobility. There are three forms of Tay-Sachs: Infantile, Juvenile, and Late Onset Tay-Sachs. It's most commonly seen in infants and older children, who experience the most severe forms and usually do not live past childhood. Late Onset Tay-Sachs is a progressive form that affects individuals slowly over time but is not fatal.

As the disease progresses, patients lose muscle control. Eventually, this leads to blindness, paralysis, and death. The presentation and symptoms associated with Late Onset Tay-Sachs disease vary greatly. The onset of the disease may vary from the late teens to any time in adulthood. This variability may occur even within affected members of the same family.

Katie Buryk describes how the disease changed her life, "Sometimes I fall when I'm walking. My legs just give out. And at times, some people can't understand what I'm saying. It is scary. I expected to be spending my 20s having fun, meeting boys, and beginning a career. Instead, I've spent my time in pursuit of an answer. What's the matter with me?

I visited multiple neurologists. I underwent tests at a series of New York hospitals. I went to the Mayo Clinic. Finally, a good friend of my mom suggested genome sequencing for my entire family. We arranged that and heartbreakingly, now we finally know. I have Late Onset Tay-Sachs disease. So does my twin sister, Allie. My mom and dad are carriers and never suspected they had the recessive gene. We're among the fewer than 100 cases reported worldwide."

This month's recipient was suggested by one of Compass' clients – a member of the Buryk Family. In addition to funding research grants, money raised by the Buryk Fund goes towards an annual think tank retreat which gathers researchers, clinicians, and experts to work together to accelerate research towards effective treatment. Now there is a clinical trial for a drug developed by Sanofi Genzyme for Late Onset Tay-Sachs. There have been four think tank retreats thus far leading to research and clinical trials, including the Sanofi Genzyme trial.

"My family and I are deeply touched by the generosity of this gift. The fact that Compass Mining is prioritizing charity, despite being an extremely busy startup company, makes me truly proud to be part of the team as a client. We remain hopeful that these research funds could lead us to new treatments and cure," said Jon Rego.

"We are so grateful to Compass Mining for the incredible support and partnership with The Buryk Family whose determination to find effective treatments for Late Onset Tay-Sachs disease has led to clinical trials for the entire NTSAD Community," said Kathleen M. Flynn, CEO of NTSAD. "And thanks to Compass Mining, whose Gives Back program prompted us to accept donations of cryptocurrency to support our mission and families."

You can also contribute to the Katie & Allie Buryk Research Fund here.

In November, Compass Gives Back's inaugural recipient was The Izak Szymczak Fund for Heart Research which raises funds for congenital heart defect (CHD) research specifically for Hypoplastic Left Heart Syndrome (HLHS), a birth defect that affects normal blood flow through the heart. The family selects and funds peer-reviewed projects through The Children's Heart Foundation.

About Compass Mining 

Compass Mining is a bitcoin-first, proof-of-work mining hardware and hosting company on a mission to strengthen Bitcoin's network by democratizing hash rate. Compass' mining marketplace offers easy procurement, deployment of mining machines, and resale for institutional and retail clients. Compass also produces industry-leading research and educational content through a variety of tailored media product offerings. Mining is a notoriously opaque sector of the Bitcoin industry, but Compass now guides everyone's path to successfully mine bitcoin. Thanks to Compass, now everyone can mine bitcoin.  

For more information on Compass Mining, visit https://compassmining.io/

About NTSAD

NTSAD is among the first and most respected patient advocacy groups and was a pioneer in advancing carrier screening to prevent rare genetic diseases. The organization supports families and individuals around the world through one-on-one professional support, mentoring and peer groups, information and resources, and its Annual Family Conference. As part of its mission, NTSAD also advances research. Since 2002, the organization has awarded more than $4 million in grants that have been leveraged to more than $30 million of investments in research. These initiatives have led to the development of potential therapies for Tay-Sachs, Canavan, GM1, and Sandhoff diseases. For more information or to donate, please visit NTSAD.org.

Media Contact   

Patrick B. Jordan
M Group Strategic Communications (For Compass Mining) 
+1 646.859.5956   
[email protected] 

SOURCE Compass Mining