Thursday, February 25, 2021

Elon Musk and CZ Binance Declare Their Supports for Jack Dorsey as Twitter CEO. Here is why

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.

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.

Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

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