Home / Companies / News / Twitter CFO says investing in Crypto ‘doesn’t make sense right now’

Twitter CFO says investing in Crypto ‘doesn’t make sense right now’

Twitter reported $3.47 billion in cash and cash equivalents at the end of September, up from $1.99 billion during the prior-year period, alongside short-term investments of $3.94 billion

2 min read . Updated: 16 Nov 2021, 07:42 PM IST Nina Trentmann, The Wall Street Journal

Ned Segal sees social-media firm’s subscription revenue growing

Investing some of Twitter Inc.’s corporate cash in crypto assets such as bitcoin “doesn’t make sense right now," Chief Financial Officer Ned Segal said in an interview Monday.

Edit Profile

Get alerts on WhatsApp

Set Preferences My Reads Feedback Redeem a Gift Card Logout

Twitter CFO says investing in Crypto ‘doesn’t make sense right now’

Wait for it…

Wait for it…

Congratulations!

Subscribe to continue