Twitter CEO to convert auction proceeds of first ever tweet to bitcoin for charity
Twitter 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).
NFTs are digital files that serve as digital signatures to certify who owns photos, videos and other online media. Dorsey, a known bitcoin enthusiast, said the auction will end on March 21.
For the latest headlines, follow our Google News channel online or via the app.
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.
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.
The proceeds are being donated to GiveDirectly, a fundraising project to give cash directly to families experiencing extreme poverty in Africa.
Twitter’s Dorsey auctions first ever tweet as digital memorabilia
Twitter shares surge as target set to double revenue, boost user base in three years
Twitter accused of violating Russian law for failing to delete banned content
House Republicans want Twitter chief Jack Dorsey to testify at tech hearingRepublicans on the US House Judiciary Committee said Wednesday they want Twitter chief executive Jack Dorsey to appear at a hearing next week of major ... Digital
Twitter’s Dorsey auctions first ever tweet as digital memorabilia“just setting up my twttr” - the first ever tweet on the platform is up for sale after Twitter boss Jack Dorsey listed his famous post as a unique ... Technology
Twitter CEO Dorsey’s account sent racist tweets after hackTwitter CEO Jack Dorsey’s account has gotten hacked, and whoever broke in sent racist and vulgar tweets to his 4.2 million followers.Some of the ... Digital
Twitter’s Jack Dorsey pledges $1 bln for coronavirus relief effortTwitter co-founder Jack Dorsey said Tuesday he was committing $1 billion of his personal fortune to coronavirus relief through his philanthropic ... Digital