Investing in Crypto ‘doesn’t make sense right now’ for Twitter

In an interview with The Wall Street Journal, Ned Segal (CFO of Twitter) shared information about Twitter’s current position regarding investing in cryptocurrencies.. He said that investing in cryptocurrency doesn’t make sense right now.

In order to buy and hold more volatile assets, Twitter would have to change their investment policy. However, the company prefers to invest in less volatile assets.

Twitter reported about $3.47 billion in cash and cash equivalents in September. This is a growth of $1.99 billion in comparison with last year’s report. This is not including the short-term investments of $3.94 billion.

However, Fintech firm Square, which is co-founded by Twitter CEO Jack Dorsey, does hold crypto. Other big companies holding crypto on their balance sheets are Tesla and MicroStrategy.

Twitter sees growth potential for its recently launched subscription services. Twitter is planning to let their users connect their accounts to third-party services, so they can send tips and pay in crypto. Also, Twitter has started a crypto team.

Name	Price	24H %	Supply	Volume	Market Cap
Steakhouse EURCV Morpho Vault	$100,000,000,000,000.00	0.00%	1,000,000,000,000,000,000.00 STEAKEURCV	$0.00	$10,000,000,000,000,000,000,000.00
Stride Staked Injective	$16.52	-4.28%	73,838,138,659,315,008.00 STINJ	$216.54	$1,219,691,675,609,022,720.00
Vested XOR	$3,407.11	9,999.99%	99,999,116,564,115.69 VXOR	$762.42	$340,707,768,191,362,560.00
FibSwap DEX	$0.0085	9.90%	69,151,716,404,404,600.00 FIBO	$1,413.48	$585,403,344,542,465.00
TruFin Staked APT	$8.02	0.00%	9,943,901,817,715.63 TRUAPT	$20,522.00	$79,729,775,627,772.00
EquityPay	$0.056	5.44%	1,149,941,993,000,000.00 EQPAY	$221,578.00	$64,943,460,446,278.00
Bitcoin	$86,729.00	-0.89%	19,841,587.00 BTC	$31,119,439,073.00	$1,720,809,271,511.00
Ethereum	$2,061.84	-1.39%	120,641,812.26 ETH	$13,616,789,181.00	$248,755,782,762.00
Tether	$1.000	0.0100%	143,778,115,476.15 USDT	$47,396,851,852.00	$143,784,693,338.00
XRP	$2.43	-1.27%	58,158,111,605.00 XRP	$2,734,552,969.00	$141,525,720,790.00
USDEX	$1.07	-0.47%	103,350,611,249.42 USDEX	$127,433.00	$110,959,993,107.00
BNB	$640.28	2.29%	145,887,575.79 BNB	$1,068,873,092.00	$93,419,282,741.00
Wrapped SOL	$143.66	-2.32%	585,876,593.80 SOL	$552,351,432.00	$84,169,742,643.00
Solana	$140.37	-0.15%	511,339,778.65 SOL	$3,949,030,264.00	$71,755,589,234.00
USDC	$1.000	-0.01%	59,786,472,411.09 USDC	$4,720,427,115.00	$59,778,751,699.00
Dogecoin	$0.184	4.36%	148,496,536,383.71 DOGE	$1,724,901,253.00	$27,359,657,458.00
Cardano	$0.748	2.62%	35,972,695,141.46 ADA	$945,028,104.00	$26,861,417,701.00
TRON	$0.228	-0.41%	95,006,729,319.72 TRX	$516,435,241.00	$21,617,387,354.00
Lido Staked Ether	$2,059.18	-1.41%	9,349,779.26 STETH	$12,807,193.00	$19,253,113,966.00
Content Bitcoin	$24.98	3.54%	500,000,000.00 CTB	$119,178.00	$12,487,923,202.00
Gaj Finance	$0.0059	1.28%	2,094,398,844,238.15 GAJ	$28.90	$12,402,003,123.00
USD One	$1.00	0.100%	12,000,000,000.00 USD1	$18,521.57	$12,001,500,605.00
Wrapped Bitcoin	$86,583.00	-0.90%	128,915.06 WBTC	$228,122,877.00	$11,173,628,608.00
UGOLD Inc.	$3,044.26	0.140%	3,215,075.00 UGOLD	$14,613,354.00	$9,785,356,262.00
Chainlink	$15.33	0.360%	638,099,971.45 LINK	$431,447,873.00	$9,780,733,972.00
Parkcoin	$1.11	2.45%	8,500,000,000.00 KPK	$292,877.00	$9,426,575,920.00
Toncoin	$3.69	-0.16%	2,482,137,295.59 TON	$157,402,311.00	$9,158,960,443.00
Avalanche	$21.98	0.430%	414,779,853.56 AVAX	$357,981,776.00	$9,118,540,778.00
LEO Token	$9.77	-0.06%	923,871,229.90 LEO	$3,927,635.00	$9,040,344,658.00
Stellar	$0.291	0.550%	30,779,759,808.15 XLM	$175,669,972.00	$8,962,933,272.00
Wrapped stETH	$2,466.65	-1.35%	3,602,372.56 WSTETH	$9,377,575.00	$8,890,592,734.00
USDS	$1.000	-0.05%	8,346,633,194.05 USDS	$15,449,054.00	$8,343,469,840.00
Hedera	$0.197	2.26%	42,219,399,509.35 HBAR	$201,442,726.00	$8,286,334,749.00
Shiba Inu	$0.000013	1.97%	589,251,863,820,159.38 SHIB	$225,330,025.00	$7,923,198,614.00
Sui	$2.37	-1.19%	3,169,845,047.48 SUI	$668,077,252.00	$7,501,562,255.00
Polkadot	$4.64	-2.58%	1,522,267,060.00 DOT	$176,465,896.00	$7,065,675,362.00
Litecoin	$92.88	-0.80%	75,668,345.73 LTC	$425,628,530.00	$7,028,614,199.00
Yay StakeStone Ether	$2,668.36	-2.93%	2,569,838.56 YAYSTONE	$2,031.85	$6,857,936,219.00
MANTRA	$6.78	5.63%	985,107,306.06 OM	$103,901,094.00	$6,671,043,464.00
Bitcoin Cash	$329.34	-0.69%	19,846,734.27 BCH	$150,453,718.00	$6,536,909,556.00
Pi Network	$0.930	-1.56%	6,763,876,079.30 PI	$180,149,668.00	$6,296,351,398.00
Pundi AIFX	$16.00	0.00%	378,605,524.00 PUNDIAI	$65,853.00	$6,056,490,477.00
Bitget Token	$4.93	-1.02%	1,199,999,994.20 BGB	$112,683,708.00	$5,910,536,247.00
WETH	$2,061.54	-1.54%	2,793,459.23 WETH	$68,407,279.00	$5,758,554,864.00
Hyperliquid	$16.27	-3.09%	333,928,180.00 HYPE	$41,637,493.00	$5,432,406,634.00
Ethena USDe	$0.999	-0.05%	5,379,110,153.75 USDE	$69,215,201.00	$5,376,123,409.00
Binance Bridged USDT (BNB Smar	$1.000	0.020%	5,184,994,501.62 BSC-USD	$214,577,540.00	$5,184,634,408.00
Murasaki	$4.23	-13.71%	1,000,000,000.00 MURA	$212,586.00	$5,007,171,706.00
Black Phoenix	$3.35	9,999.99%	1,490,000,000.00 BPX	$0.00	$4,987,364,236.00
Wrapped eETH	$2,190.65	-1.31%	2,096,270.87 WEETH	$7,381,968.00	$4,591,910,413.00

Name

Price

24H %

Supply

Volume

Market Cap

Steakhouse EURCV Morpho Vault

$100,000,000,000,000.00

0.00%

1,000,000,000,000,000,000.00 STEAKEURCV

$0.00

$10,000,000,000,000,000,000,000.00

Stride Staked Injective

$16.52

-4.28%

73,838,138,659,315,008.00 STINJ

$216.54

$1,219,691,675,609,022,720.00

Vested XOR

$3,407.11

9,999.99%

99,999,116,564,115.69 VXOR

$762.42

$340,707,768,191,362,560.00

FibSwap DEX

$0.0085

9.90%

69,151,716,404,404,600.00 FIBO

$1,413.48

$585,403,344,542,465.00

TruFin Staked APT

$8.02

0.00%

9,943,901,817,715.63 TRUAPT

$20,522.00

$79,729,775,627,772.00

EquityPay

$0.056

5.44%

1,149,941,993,000,000.00 EQPAY

$221,578.00

$64,943,460,446,278.00

Bitcoin

$86,729.00

-0.89%

19,841,587.00 BTC

$31,119,439,073.00

$1,720,809,271,511.00

Ethereum

$2,061.84

-1.39%

120,641,812.26 ETH

$13,616,789,181.00

$248,755,782,762.00

Tether

$1.000

0.0100%

143,778,115,476.15 USDT

$47,396,851,852.00

$143,784,693,338.00

XRP

$2.43

-1.27%

58,158,111,605.00 XRP

$2,734,552,969.00

$141,525,720,790.00

USDEX

$1.07

-0.47%

103,350,611,249.42 USDEX

$127,433.00

$110,959,993,107.00

BNB

$640.28

2.29%

145,887,575.79 BNB

$1,068,873,092.00

$93,419,282,741.00

Wrapped SOL

$143.66

-2.32%

585,876,593.80 SOL

$552,351,432.00

$84,169,742,643.00

Solana

$140.37

-0.15%

511,339,778.65 SOL

$3,949,030,264.00

$71,755,589,234.00

USDC

$1.000

-0.01%

59,786,472,411.09 USDC

$4,720,427,115.00

$59,778,751,699.00

Dogecoin

$0.184

4.36%

148,496,536,383.71 DOGE

$1,724,901,253.00

$27,359,657,458.00

Cardano

$0.748

2.62%

35,972,695,141.46 ADA

$945,028,104.00

$26,861,417,701.00

TRON

$0.228

-0.41%

95,006,729,319.72 TRX

$516,435,241.00

$21,617,387,354.00

Lido Staked Ether

$2,059.18

-1.41%

9,349,779.26 STETH

$12,807,193.00

$19,253,113,966.00

Content Bitcoin

$24.98

3.54%

500,000,000.00 CTB

$119,178.00

$12,487,923,202.00

Gaj Finance

$0.0059

1.28%

2,094,398,844,238.15 GAJ

$28.90

$12,402,003,123.00

USD One

$1.00

0.100%

12,000,000,000.00 USD1

$18,521.57

$12,001,500,605.00

Wrapped Bitcoin

$86,583.00

-0.90%

128,915.06 WBTC

$228,122,877.00

$11,173,628,608.00

UGOLD Inc.

$3,044.26

0.140%

3,215,075.00 UGOLD

$14,613,354.00

$9,785,356,262.00

Chainlink

$15.33

0.360%

638,099,971.45 LINK

$431,447,873.00

$9,780,733,972.00

Parkcoin

$1.11

2.45%

8,500,000,000.00 KPK

$292,877.00

$9,426,575,920.00

Toncoin

$3.69

-0.16%

2,482,137,295.59 TON

$157,402,311.00

$9,158,960,443.00

Avalanche

$21.98

0.430%

414,779,853.56 AVAX

$357,981,776.00

$9,118,540,778.00

LEO Token

$9.77

-0.06%

923,871,229.90 LEO

$3,927,635.00

$9,040,344,658.00

Stellar

$0.291

0.550%

30,779,759,808.15 XLM

$175,669,972.00

$8,962,933,272.00

Wrapped stETH

$2,466.65

-1.35%

3,602,372.56 WSTETH

$9,377,575.00

$8,890,592,734.00

USDS

$1.000

-0.05%

8,346,633,194.05 USDS

$15,449,054.00

$8,343,469,840.00

Hedera

$0.197

2.26%

42,219,399,509.35 HBAR

$201,442,726.00

$8,286,334,749.00

Shiba Inu

$0.000013

1.97%

589,251,863,820,159.38 SHIB

$225,330,025.00

$7,923,198,614.00

Sui

$2.37

-1.19%

3,169,845,047.48 SUI

$668,077,252.00

$7,501,562,255.00

Polkadot

$4.64

-2.58%

1,522,267,060.00 DOT

$176,465,896.00

$7,065,675,362.00

Litecoin

$92.88

-0.80%

75,668,345.73 LTC

$425,628,530.00

$7,028,614,199.00

Yay StakeStone Ether

$2,668.36

-2.93%

2,569,838.56 YAYSTONE

$2,031.85

$6,857,936,219.00

MANTRA

$6.78

5.63%

985,107,306.06 OM

$103,901,094.00

$6,671,043,464.00

Bitcoin Cash

$329.34

-0.69%

19,846,734.27 BCH

$150,453,718.00

$6,536,909,556.00

Pi Network

$0.930

-1.56%

6,763,876,079.30 PI

$180,149,668.00

$6,296,351,398.00

Pundi AIFX

$16.00

0.00%

378,605,524.00 PUNDIAI

$65,853.00

$6,056,490,477.00

Bitget Token

$4.93

-1.02%

1,199,999,994.20 BGB

$112,683,708.00

$5,910,536,247.00

WETH

$2,061.54

-1.54%

2,793,459.23 WETH

$68,407,279.00

$5,758,554,864.00

Hyperliquid

$16.27

-3.09%

333,928,180.00 HYPE

$41,637,493.00

$5,432,406,634.00

Ethena USDe

$0.999

-0.05%

5,379,110,153.75 USDE

$69,215,201.00

$5,376,123,409.00

Binance Bridged USDT (BNB Smar

$1.000

0.020%

5,184,994,501.62 BSC-USD

$214,577,540.00

$5,184,634,408.00

Murasaki

$4.23

-13.71%

1,000,000,000.00 MURA

$212,586.00

$5,007,171,706.00

Black Phoenix

$3.35

9,999.99%

1,490,000,000.00 BPX

$0.00

$4,987,364,236.00

Wrapped eETH

$2,190.65

-1.31%

2,096,270.87 WEETH

$7,381,968.00

$4,591,910,413.00

Investing in Crypto ‘doesn’t make sense right now’ for Twitter

Related Articles

Crypto bill creator: India misinterpreted private crypto ban

Thai tech firm surged nearly 7000% after Bitcoin mining entry

Bitcoin & Crypto holder Ranking Updated

LEAVE A REPLY Cancel reply

Latest Articles

Cardano’s Aada Finance Goes Open Source With Its V1 Lending Protocol

What is THORChain (RUNE)?

How much was a Bitcoin worth in 2009?

Portal partners with HighCircleX to tokenize Pre-IPO stocks

Was Bitcoin the first cryptocurrency?

CryptoCoinia

Info

Popular Categories