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Twitter's Jack Dorsey to convert proceeds from auction of first ever tweet to bitcoin


Twitter s Jack Dorsey to convert proceeds from auction of first ever tweet to bitcoin
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Last Updated: Mar 09, 2021, 11:37 PM IST
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Synopsis
Jack Dorsey s 15-year old tweet could attract bidders to pay a high price for the digital memorabilia. The highest bid for the tweet stood at $2.5 million as of 17:05 GMT on Tuesday.
Payments company Square Inc, also led by Dorsey, invested $170 million more in bitcoin last month, adding to the mainstream acceptance of the digital currency that has been winning support from several big investors.
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Twitter Inc boss Jack Dorsey said on Tuesday he will convert proceeds from the digital auction of the first ever tweet on the platform to bitcoin for charity. just setting up my twttr - the first ever tweet went live for sale after Dorsey listed it as a unique digital signature on a website for selling tweets as non-fungible tokens (NFTs). ....

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