The Co-founder and CEO of Tesla, Elon Musk, and the CEO of Binance, Changpeng Zhao, popularly known as CZ, have both declared their supports for the embattled CEO of Twitter, Jack Dorsey.
Elon Musk declared his support for Jack’s good heart, while CZ Binance threw his weight behind him for the love he has for Bitcoin (BTC).
CZ revealed his support for Jack while responding to Elon Musk’s trending tweet he shared a few hours ago.
Elon shared this, “Just want to say that I support Jack as Twitter CEO. He has a good heart.”
The short tweet has since attracted thousands of comments and reactions from within and without the cryptocurrency community.
CZ Binance also joined the trend by sharing the reason why he wants Jack to remain as the CEO of the Micro-blogging platform Twitter.
“Just want to say that I support Jack as Twitter CEO. He has good taste Bitcoin,” CZ shared.
— CZ 🔶 Binance (@cz_binance) March 3, 2020
Elliott Management Threatens Jack Dorsey’s Position as Twitter CEO
Elliot Management, an “activist investor” firm, has acquired a lot of Twitter shares and has a strong intention to replace Twitter CEO, Jack Dorsey.
According to reports, the firm seeks to replace Jack because of his divided attention as the CEO of Square and his plan to temporarily relocate to Africa.
Jack Dorsey has long been a strong supporter of Bitcoin (BTC) which has become an important source of revenue for Square, and Twitter has been the premier platform for building crypto communities. Analysts say a change in management at Twitter could hurt the cryptocurrency industry.