{"id":36228,"date":"2021-02-10T18:38:16","date_gmt":"2021-02-10T16:38:16","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=36228"},"modified":"2025-08-29T05:17:26","modified_gmt":"2025-08-29T02:17:26","slug":"twitter-cfo-signals-potential-investment-in-bitcoin","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/twitter-cfo-signals-potential-investment-in-bitcoin\/","title":{"rendered":"Twitter CFO signals potential investment in Bitcoin"},"content":{"rendered":"<p>Twitter&#8217;s chief financial officer Ned Segal said the company is considering moving part of its reserves into Bitcoin.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">\u201cWe\u2019ve done a lot of the upfront thinking to consider how we might pay employees should they ask to be paid in <a href=\\\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\\\">#bitcoin<\/a>, how we might pay a vendor if they asked to be paid in <a href=\\\"https:\/\/twitter.com\/hashtag\/btc?src=hash&#038;ref_src=twsrc%5Etfw\\\">#btc<\/a> and whether we need to have <a href=\\\"https:\/\/twitter.com\/hashtag\/btc?src=hash&#038;ref_src=twsrc%5Etfw\\\">#btc<\/a> on our balance sheet,\\\u201d says <a href=\\\"https:\/\/twitter.com\/nedsegal?ref_src=twsrc%5Etfw\\\">@NedSegal<\/a> <a href=\\\"https:\/\/twitter.com\/search?q=%24TWTR&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$TWTR<\/a>. <a href=\\\"https:\/\/t.co\/KjIgnqDmYC\\\">pic.twitter.com\/KjIgnqDmYC<\/a><\/p>\n<p>\u2014 Squawk Box (@SquawkCNBC) <a href=\\\"https:\/\/twitter.com\/SquawkCNBC\/status\/1359501275650547714?ref_src=twsrc%5Etfw\\\">February 10, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>He said the team has spent considerable time weighing options should employees and contractors request payment in digital gold.<\/p>\n<blockquote>\n<p>\u201cWe continue to study this issue. We want to approach it thoughtfully, but so far we have not made any changes,\u201d Segal added.<\/p>\n<\/blockquote>\n<p>Twitter CEO Jack Dorsey is a well-known advocate of Bitcoin. Earlier the platform&#8217;s head said that Bitcoin would be <a href=\"https:\/\/u1f987.com\/en\/news\/jack-dorsey-bitcoin-is-the-best-implementation-of-an-online-currency\">the single currency of the Internet<\/a>, and also launched <a href=\"https:\/\/u1f987.com\/en\/news\/jack-dorsey-has-launched-a-full-bitcoin-node\">its own full node<\/a> of the Bitcoin network.<\/p>\n<p>In October 2020, the payments company Square, which is owned by him, invested in Bitcoin <a href=\"https:\/\/u1f987.com\/en\/news\/square-invested-50-million-in-bitcoin\">$50 million<\/a> (about 4,709 BTC at the time of purchase).<\/p>\n<p>Investments in digital gold accounted for <a href=\"https:\/\/u1f987.com\/en\/news\/square-reveals-motive-and-details-of-its-50-million-bitcoin-purchase\">approximately 1%<\/a> of the company&#8217;s total assets at the end of the second quarter of 2020.<\/p>\n<p>Analysts at JPMorgan suggested that <a href=\"https:\/\/u1f987.com\/en\/news\/jpmorgan-corporations-will-not-buy-bitcoin-after-teslas-move\">Bitcoin&#8217;s high volatility<\/a> could deter large companies.<\/p>\n<p>Follow ForkLog News on <a href=\\\"https:\/\/www.facebook.com\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Twitter&#8217;s chief financial officer Ned Segal said the company is considering moving part of its reserves into Bitcoin.<\/p>\n","protected":false},"author":1,"featured_media":36229,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,52,40],"class_list":["post-36228","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-investments","tag-twitter"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36228","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=36228"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36228\/revisions"}],"predecessor-version":[{"id":36230,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/36228\/revisions\/36230"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/36229"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=36228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=36228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=36228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}