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Twitter CEO To Donate In BTC After Selling His First Ever Tweet As NFT

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Twitter CEO 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).

 



Twitter CEO Jack Dorsey announced that he will convert the money into Bitcoin that he will receive in exchange form the sale of non-fungible token (NFT), which he put up for sale last week. Those BTC will then be donated to GiveDirectly’s Africa campaign.

Dorsey, received bids for his NFT from many names, including Tron CEO Justin Sun.

Will buy Bitcoin on March 21

Jack Dorsey, “I’m setting up my Twtter.” He put his tweet on sale as NFT on March 6. Bridge Oracle CEO Sina Estavi made an offer of $2.5 million to purchase this NFT on the same day.

Twitter CEO announced that he will end the auction on March 21st.

 

The money from the sale of the NFT will be used to buy Bitcoins “immediately”. Dorsey will donate the BTC to GiveDirectly to support poor families affected by Covid-19 in East Africa.

GiveDirectly, which has organized a special campaign for these families, collected $119.6 million of its targeted $125 million donation.

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Albert Brown
Albert Brownhttps://thecryptobasic.com/
Albert Brown has obtained his master's degree in Stock Trading And Investing. His specialty is analyzing the price actions of crypto and stock markets. Albert provides a major role in TheCryptoBasic as a crypto analyst. He is also known for his work on Twinkle Magazine and TipRanks.

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