Saturday , May 8 2021
Home / Tag Archives: Jack Dorsey

Tag Archives: Jack Dorsey

Square Reports Record-Breaking Revenue, Driven by Bitcoin Purchases

The electronic payments fintech Square Inc. proved with numbers that Bitcoin is good for business, and its financial results are the best evidence. Square Inc.’s quarterly sales more than tripled, thanks mainly to the recent interest in cryptocurrencies by the general public. Bitcoin Means Business In a letter to its shareholders published this week, Square Inc. revealed that in the first quarter of 2021, it achieved a gross profit of $964 million, representing a 79% increase...

Read More »

Bitcoin Mining soll umweltfreundlich werden: Square publiziert Bericht

Bitcoin Mining wird umweldfeundlich. In diesem Artikel steht warum. Square ein ziemlich schnell wachsendes Finanzunternehmen aus San Francisco. Kein Wunder, Square wurde von Twitter-Gründer Jack Dorsey gegründet. Und Jack Dorsey sowie seine Firma Square sind an der Weiterentwicklung von Bitcoin sehr interessiert und vor kurzem hat Square einen interessanten Bericht publiziert. Und: Square behauptet nämlich, Bitcoin werde nur Erfolgreich,...

Read More »

Jack Dorsey and Elon Musk Find Common Ground On Bitcoin Mining

It appears that Jack Dorsey – the man behind Facebook competitor Twitter and payment processor Square – and Elon Musk, the South African entrepreneur responsible for bringing both Tesla and SpaceX to the mix, agree on one thing. That thing is the future and power of bitcoin mining. Bitcoin Mining Is the Center of Many Arguments In a recent tweet, Dorsey commented that bitcoin “incentivizes” renewable energy. From there, he received a response from Musk which simply read...

Read More »

A Continuation of Jack Dorsey and the NFT

Yesterday, Live Bitcoin News reported that Jack Dorsey – the CEO of both Twitter and Square – was looking to sell a bit of his social media company’s history by auctioning off the first tweet ever issued. The tweet simply read “just setting up my twttr” and was the first message ever sent by Dorsey or by any Twitter user. Dorsey Will Donate His Money to Charity Now, new details have emerged regarding what Dorsey is planning to do with the money he earns from the sale....

Read More »

Crypto Helps Jack Dorsey Sell “Twitter’s History”

Jack Dorsey – the CEO of both Square and Tesla – is setting up an auction in which people can purchase the very first tweet ever issued via the social media giant. What’s the catch? The tweet is being offered as a non-fungible token (NFT), which is a form of cryptocurrency. Jack Dorsey Is Selling a Piece of Twitter History with Crypto in the Mix Dorsey has long been a bitcoin and cryptocurrency advocate. In recent weeks, he has set up a new fund with Rapper Jay-Z and...

Read More »

Jack Dorsey Will Donate the Proceeds of His Genesis Tweet Sale

Jack Dorsey, the CEO of one of the largest social media platforms, Twitter, will be converting the proceeds of the sale of the genesis tweet in Bitcoin and donate it to the GiveDirectly’s Africa Response Campaign.Earlier during the weekend, CryptoPotato reported that Jack Dorsey has put up the genesis tweet for sale.This became possible through a platform that allows individuals to tokenize and sell their tweets in the form of a non-fungible token (NFT).At the time, Justin Sun, the founder of...

Read More »

Justin Sun Bids $2 Million for Jack Dorsey’s First Tweet NFT

Silicon valley billionaire bitcoin advocate and Twitter chief Jack Dorsey has finally joined the NFT craze. It was long coming, but Dorsey has made his grand entrance to the scene. He digitized his very first tweet and has auctioned it on Valuables, a platform that allows individuals to tokenize and sell their tweets.At the time of this writing, Justin Sun has bid $2 million for the piece.“Virtually” Anything is Possible With NFTsDigital asset enthusiasts have broken the bank for real estate...

Read More »

Square Just Added a Lot of Bitcoin to Its Stash

It’s not like we didn’t know that Square – the financial payment firm owned and operated by Jack Dorsey of Twitter fame – was a bitcoin fan. Dorsey himself has been advocating for bitcoin for the past several years, even going so far as to claim in 2018 that it would be the world’s only currency within ten years. In addition, Square was one of the first institutions to pledge support for the world’s number one digital currency back in October of last year when it...

Read More »

Square Bought $170 Million in Bitcoin and Grew $4750 Million Last Year

Electronic payment processing company Square has been getting heavily involved with Bitcoin and has quietly tripled its equity.On its Fourth Quarter and Full Year 2020 Results announcement this Thursday, the company owned by Jack Dorsey – who is also the CEO of Twitter – revealed that after its initial Bitcoin purchase, it kept on buying Bitcoins until it had 3,318 more BTC for a total of $170 million.The company does not disclose whether it was all in one transaction. Still, it is most...

Read More »

Jack Dorsey and Jay-Z Work to Raise BTC Awareness

Rapper Jay-Z – along with Square and Twitter CEO Jack Dorsey – are working together to bring more public awareness to bitcoin. The two have partnered up to create a new fund dedicated to the world’s leading digital currency by market cap.Jack Dorsey and Jay-Z Are Working Towards a World of BTCAs part of the project, each figure is giving approximately 500 bitcoin units to a new endowment that’s being called “Btrust.” The money will be used to establish new blockchain firms in both Africa and...

Read More »