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published in Blogs
Jul 24, 2021
Twitter (TWTR, $71.66) CEO says Bitcoin will be a “big part” of the company’s future.

Twitter (TWTR, $71.66) CEO says Bitcoin will be a “big part” of the company’s future.

Twitter  CEO Jack Dorsey confirmed to investors that Bitcoin will be a “big part” of the company’s future.

Dorsey also emphasized that Bitcoin would have a major role in the company’s future plans on boosting decentralized finance and payments.

Last week, payments services company Square  said that it is building a new business focused on “decentralized financial services” using Bitcoin.

Earlier this year, Dorsey formed a $23.6 million Bitcoin fund with Jay Z and also bought a majority stake in Jay-Z’s TIDAL music service, reflecting his interest in applying blockchain technologies in the music business.

Related Tickers: TWTR