Twitter CFO Reveal Their Company is Considering Bitcoin Payments and Adding it to Their Balance Sheet
Twitter CFO Ned Segal appeared on CNBC to talk about the recent frenzy around Bitcoin post-Tesla’s $1.5 billion purchase. Segal during the interview revealed that their company is currently considering a lot of things around Bitcoin that include paying employees salary in Bitcoin, giving merchant salary in Bitcoin, and also adding Bitcoin to their company’s balance sheet.
“We’ve done a lot of the upfront thinking to consider how we might pay employees should they ask to be paid in #bitcoin, how we might pay a vendor if they asked to be paid in #btc and whether we need to have #btc on our balance sheet,” says @NedSegal $TWTR. pic.twitter.com/KjIgnqDmYC
— Squawk Box (@SquawkCNBC) February 10, 2021
Tesla’s Bitcoin investment has given rise to a lot of speculations around other multi-billion dollar institutions joining the bitcoin league. Some rumors suggest Oracle could be the next institution and now Twitter CFOs comments are only going to fuel the speculations further.
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Published at Wed, 10 Feb 2021 14:55:06 +0000
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