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Twitter CFO Says Company Thinking About Adding Bitcoin

1 min read
Twitter and Bitcoin

The Chief Financial Officer of Twitter, Ned Segal, gave an interview to CNBC today and was asked about Bitcoin. In that interview he stated that Twitter has been doing a lot thinking on how to pay employees in Bitcoin, how to pay a vendor in Bitcoin, and even if Twitter should have Bitcoin on its balance sheet.

Auto company Tesla just revealed this week that it had used $1.5 billion of its cash to purchase Bitcoin. In response to the actions of Tesla, Mr. Segal stated that the company is continuing to study that possibility and that they haven’t bought any Bitcoin with the company’s cash… “Yet.”

It’s only a matter of time.