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Which large corporation will be the next to include Bitcoin on its financial sheet?
After prominent corporations such as MicroStrategy, Tesla, Galaxy Digital Holdings, and Square increased their investments in Bitcoin, people are wondering who will be the next.
Companies that operate in the social media sector, e-commerce, or are simply tech-driven are more likely to offer crypto-related products and services and are more likely to be Bitcoin buyers.
First and foremost, there is Twitter, whose new CEO, Parag Agrawal, has stated that the social network should “move a lot quicker than it has in the past.”
It’s no secret that Twitter’s new CEO, Jack Dorsey, who is also the CEO of Block, is a big supporter of Bitcoin.
He recently stated that if he weren’t the CEO of both Twitter and Square (now known as ‘Block,’ he would be working on Bitcoin.
He appears to be turning that words into action, as he recently created the framework and produced a white paper for Square to launch its own decentralized exchange for Bitcoin trading, and Bitcoin payments have been permitted via Square/Cash Block’s App since 2018.
Square said in October that it will purchase $50 million in Bitcoin, which equated to 4,709 Bitcoins at the time.
