Twitter Planning to Invest in Bitcoin - Android

According to Twitter’s Chief Executive Officer Ned Segal, the social media company is considering the option to add Bitcoin to… Read More

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According to Twitter’s Chief Executive Officer Ned Segal, the social media company is considering the option to add Bitcoin to its balance sheet for accommodating employees and vendors who prefer payments in crypto.

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Segal remarked that Twitter as “done a lot of the upfront thinking to consider how we might pay employees should they ask to be paid in Bitcoin, how we might pay a vendor if they asked to be paid in Bitcoin, and whether we need to have Bitcoin on our balance sheet should that happen”.

"We've done a lot of the upfront thinking to consider how we might pay employees should they ask to be paid in #bitcoin, how we might pay a vendor if they asked to be paid in #btc and whether we need to have #btc on our balance sheet," says @NedSegal $TWTR. pic.twitter.com/KjIgnqDmYC

— Squawk Box (@SquawkCNBC) February 10, 2021