Is Nike, the sportswear giant, performing well on Pinterest? Is it getting a lot of followers? Even if you don’t use Pinterest, you must know about Nike’s presence because it’s a powerful tool for brand influence in today’s world.Adidas’ Pinterest followers are being heavily scrutinized. They have created a buzzing community with a diverse range […]
Jay-Z Teams Up With Twitter CEO to Invest $23 Million in Bitcoin Fund
(Image Credit: Instagram/AllThingsJayZ)
Tech investor Shawn “Jay-Z” Carter and Twitter CEO Jack Dorsey are on a mission to make bitcoin (BTC) the internet’s currency. The two billionaires are investing 500 bitcoin into a new endowment called ₿trust. With the rapid rise of bitcoin in the last few weeks, the 500 bitcoin investment is currently worth over $23 million.
Dorsey shared the news on Twitter Friday, announcing that the investment would be used to fund bitcoin development in Africa and India. He noted that the endowment will be set up as a “blind irrevocable trust” and have “zero direction” from himself and Jay-Z.