• Home
  • NFT
  • Bitcoin
  • Events
  • Contact
    • Contact
    • Our Journalists
    • About Us
    • Partners
Tuesday, March 21, 2023
No Result
View All Result
Our Bitcoin News
  • Home
  • NFT
  • Bitcoin
  • Events
  • Contact
    • Contact
    • Our Journalists
    • About Us
    • Partners
  • Home
  • NFT
  • Bitcoin
  • Events
  • Contact
    • Contact
    • Our Journalists
    • About Us
    • Partners
No Result
View All Result
Our Bitcoin News
No Result
View All Result

DOGE-backer Elon Musk almost set to acquire Twitter

News
by Damien Martin
26 April 2022
DOGE-backer Elon Musk almost set to acquire Twitter

Source: Unsplash

Share on FacebookShare on Twitter

After making a very public business proposal, the world’s biggest billionaire Elon Musk may actually acquire social media giant Twitter, several media outlets reported Monday.

Citing two sources familiar with the matter, The New York Times reported that both parties have been negotiating the $46.5 billion buyout Musk offered Twitter in exchange for buying 100% of the company’s shares.

Both Musk and Twitter’s board have been discussing the timeline of the deal, if successful, and any fees required to be paid. Meanwhile, the deal has not been finalized at the time of publication.

On April 14, Elon Musk, founder and CEO of EV carmaker Tesla and aerospace manufacturer SpaceX, offered to buy 100% of Twitter’s stocks at $54.20 per share, just days after becoming the largest shareholder of the social media company. He acquired a 9.2% stake in the company for $2.89 billion.

If successful, Musk’s Twitter buyout could massively stir the crypto, especially the Dogecoin community. Ever since the African-born billionaire endorsed Bitcoin and Dogecoin, his crypto-related tweets have caused substantial price movements in the market.

In March, Musk conducted a Twitter poll, asking his 81.6 million followers if Twitter adheres to principles of free speech. At the time, Musk tweeted, “The consequences of this poll will be important. Please vote carefully.”

At press time, Twitter’s share price rose by more than 5.50% on Monday, taking its value to $51.63 after reports of Musk nearing Twitter acquisition came about.

Tags: featured
Previous Post

Chinese apparel brand Li Ning’s new merch to boast Bored Apes

Next Post

US Justice Dept. indicts two Europeans allegedly aiding North Korea evade sanctions

Damien Martin

Damien Martin

Damien has a rich history in the fintech and business reporting world. He is currently working at OBN to cover the most important news from the blockchain industry.

Related Posts

Crypto asset market, medium- to long-term outlook upward due to turmoil in the US banking industry: Coinbase | coindesk JAPAN | Coindesk Japan

Crypto asset market, medium- to long-term outlook upward due to turmoil in the US banking industry: Coinbase | coindesk JAPAN | Coindesk Japan

by Damien Martin
21 March 2023

Coinbase said in a March 17 report that the medium- to long-term outlook for the cryptocurrency market has been “upwardly...

Bitcoin and Ethereum volatility indicators are in an unusual state for the first time in about two years | coindesk JAPAN | Coindesk Japan

Bitcoin and Ethereum volatility indicators are in an unusual state for the first time in about two years | coindesk JAPAN | Coindesk Japan

by Damien Martin
21 March 2023

For the first time in nearly two years, cryptocurrency options traders see Bitcoin (BTC), the largest cryptocurrency, in second place...

Binance Plans to List on Arbitrum (ARB)

Binance Plans to List on Arbitrum (ARB)

by Kurt Ebenzer
20 March 2023

Start depositing from March 23 Binance, a major centralized cryptocurrency exchange, has decided to newly list Ethereum (ETH) L2 “Arbitrum...

No Result
View All Result

Recent Posts

  • Crypto asset market, medium- to long-term outlook upward due to turmoil in the US banking industry: Coinbase | coindesk JAPAN | Coindesk Japan
  • Bitcoin and Ethereum volatility indicators are in an unusual state for the first time in about two years | coindesk JAPAN | Coindesk Japan
  • Binance Plans to List on Arbitrum (ARB)
  • Bitcoin temporarily exceeds $ 28,000 | coindesk JAPAN | Coindesk Japan
  • Former Coinbase CTO Warns of US Dollar Hyperinflation, Bet on Bitcoin Hitting $1 Million
Our Bitcoin News

© 2021 Our Bitcoin News

Navigate

  • Home
  • Press Release
  • Sponsored
  • Our Journalists
  • Advertise
  • Editorial Policy
  • Privacy Policy
  • Terms & Conditions

Follow Us

No Result
View All Result
  • Home
  • NFT
  • Bitcoin
  • Events
  • Contact
    • Contact
    • Our Journalists
    • About Us
    • Partners

© 2021 Our Bitcoin News