• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Monday, June 16, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Crypto Bitcoin

Twitter is now planning to invest in Bitcoin following Tesla!

by Reshab Agarwal
February 11, 2021
in Bitcoin, Crypto, News, Trending
Reading Time: 2 mins read
0
Bitcoin slowly rallies beyond $37,000: Investors happy!
TwitterWhatsappLinkedin

After Tesla has invested $1.5 billion in Bitcoin, many other big companies are also considering it as a viable option. One of those companies is Twitter; the company said they are thinking about investing in Bitcoin bit haven’t come to a conclusion yet. In the last one month, Tesla has earned more because of its investment in Bitcoin than by selling cars in the last quarter. And so it is obvious that the investment idea seems to be very attractive.

You might also like

Crypto’s Counterculture Clash: Coinbase Sponsorship of Trump’s Parade

Crypto Crown: How Digital Assets Overtook Real Estate in Fortune of Trump

Washington Post Probes Cyberattack Targeting Journalists’ Email Accounts

Will Twitter buy Bitcoin?

I think, yes! Maybe they will give it some more thought, but like Tesla, Twitter will also invest in Bitcoin due to a simple factor that its the future. And I think almost everyone knows that now. As of now, the company has not made any changes to its balance sheet. Twitter is also planning to pay its employees and make other transactions in Bitcoins if they ask for that. Twitter might either convert Dollars to Bitcoin to make such transactions or even better have Bitcoins on their balance sheet for direct payments.

Twitter plans to buy Bitcoin

Its quite evident that twitter’s decision to invest in Bitcoin at least the fact they are considering it, is because of Tesla. Many reports have suggested that the growth of the cryptocurrency will be huge just because of this one huge move. With the kind of influence and money, Elon Musk has, it is obvious that he has the ability to take Bitcoin mainstream. If Twitter overcomes its fears and invests in the currency, other companies will also join the path. Many analysts say that in order to beat inflation, having a 5-10% Bitcoin in ones’ portfolio is very important.

Many companies still aren’t ready for this!

In the earning call of General Motors, the CEO of the company said that accepting Bitcoin as a payment method is something they are evaluating. But they have no interest in investing in the cryptocurrency. I don’t know what makes companies so negligent to the fact that Bitcoin is the future. As a hedge to inflationary currencies like Dollar, it is something that can preserve the value of money. If your money is sitting in a bank with an interest rate of 4%, it is still losing its value year after year. This is because the inflation rate is around 7%. But investing in Bitcoin can help prevent that and in fact, grow the value of currency drastically.


Do you think if Twitter buys Bitcoin, Facebook, Apple and other big companies will also follow suit? Or Is there a long way to go for everyone to accept the currency? Let us know in the comments below. Also, if you found our content informative, do like and share it with your friends.

Also Read: You can now buy Bitcoin from ATMs! Here’s how?

Tweet54SendShare15
Previous Post

You can now buy Bitcoin from ATMs! Here’s how?

Next Post

Epic Games has announced a MetaHuman creator app, its Unreal!

Reshab Agarwal

Reshab is a tech-enthusiast who likes to write about all things crypto. He is a Bitcoin bull and believes in a decentralized future of finance. Follow him on Twitter for more!

Recommended For You

Crypto’s Counterculture Clash: Coinbase Sponsorship of Trump’s Parade

by Anindya Paul
June 16, 2025
0
Coinbase

In a move that has stirred controversy within the crypto community, Coinbase—the largest U.S.-based crypto exchange—joined prominent tech firms like Amazon, Palantir, and Lockheed Martin as a sponsor...

Read more

Crypto Crown: How Digital Assets Overtook Real Estate in Fortune of Trump

by Anindya Paul
June 16, 2025
0
Trump

For decades Donald Trump has accrued his wealth through real estate. In just a few years he has become a crypto billionaire. A recent financial review indicated that...

Read more

Washington Post Probes Cyberattack Targeting Journalists’ Email Accounts

by Rounak Majumdar
June 16, 2025
0
Washington Post Probes Cyberattack Targeting Journalists’ Email Accounts

The Washington Post, one of the United States’ most prominent news organizations, is currently investigating a cyberattack that compromised the email accounts of several of its journalists. The...

Read more
Next Post
Epic Games has announced a MetaHuman creator app, its Unreal!

Epic Games has announced a MetaHuman creator app, its Unreal!

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?