Jack Dorsey Will Invest In Bitcoin Mining

Jack Dorsey, the founder of Twitter and Square, announced that he will make a new investment in Bitcoin mining.

Twitter CEO Jack Dorsey will invest in Bitcoin mining. The payment system company Square, owned by the popular social media platform Twitter CEO Jack Dorsey, announced that it will invest $5 million to mine Bitcoin with renewable energy (solar energy). The facility is intended to be a good example that Bitcoin can be produced with 100% renewable energy. Square, which will carry out this work in cooperation with Blockstream Mining, pointed out that operational costs and investment-return figures will be publicly available. In the post made on Square's official Twitter account, following statements were used; "We are determined to increase the use and efficiency of renewable energy in the Bitcoin ecosystem." Square also announced that they have started an open source renewable energy mining project in collaboration with Blockstream for this reason. https://twitter.com/Square/status/1401222539494387713?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1401222539494387713%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.bloomberght.com%2Ftwitter-ceo-sundan-yeni-bitcoin-madenciligi-yatirimi-2281616

Dorsey Spoke in Bitcoin 2021 Conference

Jack Dorsey spoke about Bitcoin and its commitment to Bitcoin at Bitcoin  2021 Conference, which started on June 5. Dorsey said “Bitcoin changes everything. If I wasn’t on Square or Twitter I would be working on Bitcoin.”