Elon Musk buys Twitter for $44B — crypto industry reacts
The company’s board of directors unanimously approved the deal on Monday but added it was still “subject to the approval of Twitter stockholders.” Go to Source Powered by WPeMatico
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Elon Musk Purchases Twitter for $44 Billion, Social Media Company Will Transition to a Private Company
On Monday, Twitter announced that Elon Musk has officially acquired the social media platform for $54.20 per share in a transaction valued at $44 billion. After the transaction completes, Twitter will transition to a private company. Musk Acquires Social Media Platform Twitter — Aims to Enhance Free Speech and Unlock Twitter’s Potential Tesla’s Elon Musk … Read more
Biggest Movers: DOGE up on Twitter News, WAVES Deep in the Red
DOGE rallied on Monday, as traders reacted to the news that Elon Musk was possibly nearing a takeover of Twitter. While DOGE surged, AXS and WAVES were also big movers, however they were mainly in the red, as recent losses extended. Dogecoin (DOGE) DOGE was trading higher to start the week, as markets reacted to … Read more
Bitcoin spoofs $39.5K breakout at Wall St open as Elon Musk Twitter takeover nears
Dogecoin reaps the benefits of rumors that plans for Musk to buy Twitter outright are in their final stages. Go to Source Powered by WPeMatico
Report: Twitter Engages in Negotiations With Elon Musk, Analyst Says Unless a Second Bidder Appears Musk Will Acquire the Company
According to multiple reports stemming from people familiar with the matter, Twitter has been engaged in negotiations with Elon Musk over his proposal to purchase the social media platform for $46.5 billion. Sources detail that a number of Twitter shareholders allegedly reached out to the company’s board after Musk detailed his financing plans last week. … Read more
Jack Dorsey Muses on Social Media ‘Takeover,’ Ethereum Weaknesses; Plus the Latest in Crypto Mining — Bitcoin.com News Week in Review
Former Twitter CEO Jack Dorsey ponders Ethereum’s “single points of failure” and whether one man should be able to control an entire social media network, while Bitcoin.com News gives you the latest scoop in the world of ETH and BTC mining rigs. To top it all off, one economist predicts that the U.S. central bank’s … Read more
Tesla CEO Elon Musk Reveals How He Will Improve Twitter if Bid Succeeds
Tesla and Spacex CEO Elon Musk has revealed his priorities for improving Twitter if he successfully takes over the social media platform. Among his promises are to eliminate crypto spam bots, ensure free speech, implement edit functionality, and simplify the account verification process. Elon Musk’s Twitter Improvement Priorities Elon Musk, the CEO of Tesla and … Read more
Memecoins eye major revamps in an effort to return to their former glory
Shiba Inu, Dogecoin and SafeMoon are trading far from their all-time highs, but each project is still active, meaning there is still a chance for another memecoin rally. Go to Source Powered by WPeMatico
Tesla Hodls Bitcoin: Balance Sheet Shows $1.26B in Digital Assets
Elon Musk’s electric car company, Tesla, is hodling bitcoin. The company’s balance sheet shows $1.261 billion in digital assets. Tesla has neither purchased nor sold any crypto assets since the first quarter of last year. Tesla Continues to Hodl Bitcoin Tesla released its earnings results for the first quarter of 2022 Wednesday. Elon Musk’s electric … Read more
Doge Day Then and Now: Lackluster Buzz as Dogecoin’s Price Is 65% Lower Than Last Year
While April 20 or 420 is synonymous with cannabis culture, the day is also considered “Doge Day,” by a great number of dogecoin supporters. The day prior on Twitter, the Doge network’s co-founder Billy Markus asked what people should expect on Doge Day and for dogecoin’s price action. 12 months ago dogecoin was swapping hands … Read more
