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Twitter Is Considering Whether To Add Bitcoin To The Balance Sheet, CFO Says
Summary: Ned Segal, Twitter’s Chief Financial Officer said in an interview with CNBC that the social media giant is considering whether to add Bitcoin to its balance sheet. Segal said: "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 ...
Ned Segal, Twitter’s Chief Financial Officer said in an interview with CNBC that the social media giant is considering whether to add Bitcoin to its balance sheet.
Segal said: "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 Bitcoin and whether we need to have Bitcoin on our balance sheet."
Jack Dorsey's Square has purchased $50 million worth of Bitcoin in October last year.
By Mary Liu
Tags: Bitcoin,Ned Segal,Square,Twitter
Link: Twitter Is Considering Whether To Add Bitcoin To The Balance Sheet, CFO Says [Copy]
