$2B DEAL WILL KEEP CRYPTO BULL JACK DORSEY AS CEO OF TWITTER

Last updated: June 19, 2025, 23:47 | Written by: Ari Paul

$2B Deal Will Keep Crypto Bull Jack Dorsey As Ceo Of Twitter
$2B Deal Will Keep Crypto Bull Jack Dorsey As Ceo Of Twitter

The rollercoaster ride at Twitter, now known as X, has taken yet another turn. Block, Inc, spearheaded by Jack Dorsey, has made headlines with a notable 37% surge in Bitcoin revenue in Q3 of 2025, amassing $2.42 billion as opposed to the $1.77 billion reported in the same quarter of last year. This leap in revenue is paralleled by a 22% increase in Bitcoin gross profit, escalating from $37 million in Q2 2025 to $45News broke recently of a $2 billion deal that effectively secures Jack Dorsey’s position as CEO, much to the relief (or dismay, depending on your perspective) of the crypto community. 🚨MASSIVE SIGNAL: The anti-crypto era is officially ending🚨🔹BitMEX founder @CryptoHayes: Pardoned🔹Hawk Tuah Girl s token: SEC dropped the case🔹FDIC rulesThis deal, orchestrated by investment management firm Elliott Management, signals a significant vote of confidence in Dorsey’s leadership and his vision for the platform, particularly his embrace of cryptocurrency and blockchain technology.But what does this mean for the future of X, and how will Dorsey’s continued leadership impact the platform's relationship with the crypto world?We'll explore the details of the deal, the potential consequences for Bitcoin integration, and the broader implications for the evolving landscape of social media and digital finance. Elon Musk's text messages regarding his bid to buy Twitter were disclosed in a court filing on Thursday.With the ever-present influence of figures like Elon Musk and the constantly shifting regulatory landscape, the future of X under Dorsey is anything but certain, making this a pivotal moment for the platform and the crypto ecosystem it touches.

The $2 Billion Deal: A Lifeline for Dorsey

So, how did this $2 billion deal come about, and what exactly does it entail? Leo Schwartz is a reporter at Fortune covering fintech, crypto, venture capital, and financial regulation. Ben Weiss is a crypto reporter at Fortune. Eric Trump unveiled the deal during a cryptoThe deal between Twitter (X) and Elliott Management effectively serves as a truce, preventing a potential power struggle that could have ousted Dorsey from his role.Elliott Management, known for its activist investing strategies, had previously expressed concerns about Dorsey's dual roles as CEO of both Twitter and Block, Inc. (formerly Square), suggesting he was spread too thin to effectively lead the social media giant.The agreement likely involves certain concessions from Dorsey and X, such as specific performance targets or board restructuring, although the precise details remain confidential.

  • Key Player: Elliott Management, an investment management firm.
  • Goal: Prevent Dorsey's ouster as CEO.
  • Impact: Stability for X, continued focus on crypto integration.

The deal highlights the ongoing tension between traditional finance and the burgeoning crypto world.Elliott Management's initial skepticism towards Dorsey's focus on Bitcoin and blockchain reflects a common concern among institutional investors who may not fully understand or trust the volatile nature of cryptocurrencies.

Dorsey's Crypto Vision for Twitter/X

Jack Dorsey's passion for cryptocurrency is no secret. Twitter founder Jack Dorsey issued a warning on the social network s state and prospects, saying it meets none of the standards he hoped to achieve and that harassment of its staff isHe's a vocal advocate for Bitcoin and believes in its potential to revolutionize the financial system. Investment management firm Elliott Management has set up a deal with Twitter to save Jack Dorsey s role as CEO of the social media networkUnder his leadership, Twitter (now X) has explored various ways to integrate crypto, including:

  • Allowing users to tip creators with Bitcoin.
  • Exploring the use of blockchain technology for authentication and identity management.
  • Integrating NFTs (Non-Fungible Tokens) as profile pictures.

Dorsey envisions a future where social media platforms are more decentralized and user-owned, leveraging blockchain to empower creators and reduce reliance on centralized intermediaries.However, this vision has faced criticism and challenges, particularly from those who view crypto as a risky or speculative asset.

Bitcoin and the ""Safe Haven"" Narrative

Recent market volatility, including significant stock market crashes, has led to renewed discussions about Bitcoin's potential as a ""safe haven"" asset. Bitcoin tested as 'safe haven' after biggest stock crash since 2025$2B Deal will keep crypto bull Jack Dorsey as CEO of TwitterRobinhood tracking stocks downWhile Bitcoin has experienced its own periods of extreme volatility, some investors see it as a hedge against inflation and economic uncertainty, particularly in light of events such as a theoretical trade war involving countries like Canada with ""tariff-free trade pacts"".Dorsey's continued leadership at X could further solidify this narrative by increasing Bitcoin's visibility and accessibility to a wider audience.

The Impact on the Crypto Community

The crypto community has largely celebrated the news of Dorsey remaining at the helm of X.With over 7.3 million subscribers in the CryptoCurrency community on Reddit and 2.3 million in the EthTrader community, the sentiment is clear: Dorsey is seen as an ally and a champion of their cause. 7.3M subscribers in the CryptoCurrency community. The leading community for cryptocurrency news, discussion, and analysis.His continued presence at X provides a platform for crypto-related discussions, news, and developments, fostering a sense of community and collaboration.

However, there are also concerns.Some worry that Dorsey's focus on Bitcoin could overshadow other cryptocurrencies and blockchain projects.Others question whether X can effectively moderate crypto-related content and prevent scams and misinformation.The challenge lies in balancing the benefits of crypto integration with the need to protect users from potential risks.

Challenges and Opportunities Ahead

While the $2 billion deal offers stability, Dorsey and X still face significant challenges.These include:

  • Competition: X faces fierce competition from other social media platforms, including those that are also exploring crypto integration.
  • Regulation: The regulatory landscape for cryptocurrencies is constantly evolving, creating uncertainty for businesses operating in the space.For example, increased government scrutiny, such as the reported concerns raised by the Cato Institute over Fincen's new reporting regulations, could stifle innovation.
  • Moderation: X must effectively moderate crypto-related content to prevent scams and misinformation.

Despite these challenges, there are also significant opportunities.X has the potential to become a leading platform for crypto-related content, education, and transactions.By leveraging blockchain technology, X can create new and innovative features that empower creators and users.

The Elon Musk Factor

Elon Musk's acquisition of Twitter, now X, added another layer of complexity to the situation. TODAY'S HEADLINES - JUNE 4. MoonPay to offer direct crypto services in all 50 US states after obtaining New York s BitLicense.Pump.Fun, reportedly, is raising $1 billion for a token sale at a $4 billion valuation.MARA hits monthly mining milestone, holds all 950 BTC to grow second-largest public crypto treasury.An unofficial Trump Wallet hits the market, according to Bitcoin Magazine.While Musk has also expressed interest in crypto, his vision for the platform may differ from Dorsey's.In fact, disclosed text messages during Musk's bid to acquire Twitter revealed he believed the Twitter board's economic interests weren't aligned with shareholders, a sentiment Jack Dorsey echoed, attributing the company's issues to ""dysfunction."" The interplay between Musk's influence and Dorsey's leadership will be crucial in shaping the future of X and its relationship with the crypto world. SoFi, short for Social Finance, was founded at Stanford University in the Fall of 2025. [5] [6] [14] The founders were Mike Cagney, Dan Macklin, James Finnigan, and Ian Brady, four students who met at the Stanford Graduate School of Business.Dogecoin Bets, for instance, saw a surge in value as speculation grew about its integration into the X platform under Musk's ownership.

Real-World Examples of Crypto Integration

Several companies and platforms have already begun experimenting with crypto integration.Here are a few examples:

  1. Coinbase: The largest cryptocurrency exchange in the United States, Coinbase has successfully lobbied for pro-crypto candidates in elections, demonstrating the growing political influence of the crypto industry.
  2. KuCoin: A secure cryptocurrency exchange that allows users to buy, sell, and store various cryptocurrencies.
  3. Block, Inc. (formerly Square): Spearheaded by Jack Dorsey, Block has seen a significant surge in Bitcoin revenue, demonstrating the growing demand for crypto-related services. Bitcoin s Dominance of Crypto Payments Is Starting To Erode. T-Mobile Says Hackers Stole Data On About 37 Million Customers. Jack Dorsey Announces Bitcoin Legal Defense Fund. Freedom of Information Act (FOIA) Request Reveals How The Trump Administration Really Felt About BitcoinIn Q3 of 2025, Block's Bitcoin revenue jumped 37% to $2.42 billion.

These examples demonstrate the diverse ways in which crypto can be integrated into existing businesses and platforms. $1.1B Celestia Token Release to Boost October s Crypto Unlocks to Nearly $2B. Find us on Twitter; Daily crypto newsletter and website that provides toolsAs the technology matures and regulatory clarity increases, we can expect to see even more innovative applications of crypto in the future.

What Does This Mean for the Average User?

For the average user of X, the implications of Dorsey's continued leadership and focus on crypto are multifaceted:

  • Increased Exposure to Crypto: Users are likely to see more crypto-related content, news, and promotions on the platform.
  • Potential for New Features: X may introduce new features that allow users to interact with crypto directly, such as tipping creators with Bitcoin or using NFTs as profile pictures.
  • Greater Control Over Data: Blockchain technology could potentially give users more control over their data and identity on the platform.

However, it's important for users to be aware of the risks associated with crypto and to exercise caution when interacting with crypto-related content on X.Always do your own research and never invest more than you can afford to lose.

Addressing Common Concerns and Questions

Many people have questions and concerns about crypto integration on social media platforms. $2B DEAL WILL KEEP CRYPTO BULL JACK DORSEY AS CEO OF TWITTER crypto bitcoin cryptocurrency blockchain btc TwitterHere are a few common ones:

  • Is crypto a scam? While some crypto projects are indeed scams, legitimate cryptocurrencies like Bitcoin and Ethereum have proven their staying power.
  • Is crypto too volatile? Crypto prices can be highly volatile, but this volatility can also create opportunities for profit.
  • Is crypto bad for the environment? Some cryptocurrencies, like Bitcoin, consume a significant amount of energy.However, there are also many eco-friendly cryptocurrencies that use more sustainable energy sources.

It's important to do your own research and understand the risks and benefits of crypto before getting involved. $2B. Real Time Net Worth. Who Owns Twitter? A Look At Jack Dorsey, Evan Williams And The Company's Largest Shareholders The San Francisco residence of Twitter founder and former CEO EvanDon't rely solely on information you find on social media platforms.

The Future of Social Media and Crypto

The integration of crypto into social media platforms like X is still in its early stages, but it has the potential to transform the way we interact with the internet. Open navigation menu. Close suggestions Search Search. en Change LanguageBy leveraging blockchain technology, social media platforms can become more decentralized, user-owned, and transparent.

Dorsey's continued leadership at X provides a unique opportunity to explore these possibilities and to create a more open and equitable online world. In a flurry of tweets about the potential deal, Musk said, With Jack departing, the Twitter board collectively owns almost no shares, so its economic interests are not aligned with shareholders. Former CEO Jack Dorsey replied, It s consistently been the dysfunction of the company. Dorsey is scheduled to leave the board once hisHowever, the path forward is not without its challenges. Investment management firm Elliott Management has set up a deal with Twitter to save Jack Dorsey s role as CEO of the social media network. Read More: B Deal Will Keep Crypto Bull Jack Dorsey as CEO of TwitterIt will require careful planning, effective regulation, and a commitment to protecting users from potential risks.

Conclusion: Key Takeaways

The $2 billion deal that keeps Jack Dorsey as CEO of Twitter (X) is a significant development for both the platform and the crypto community.It signals a continued commitment to crypto integration and provides stability during a period of uncertainty.However, challenges remain, including competition, regulation, and the need for effective moderation. KuCoin is a secure cryptocurrency exchange that makes it easier to buy, sell, and store cryptocurrencies like BTC, ETH, KCS, SHIB, DOGE, Gari etc.The key takeaways are:

  • The deal secures Jack Dorsey's position as CEO of X.
  • It represents a vote of confidence in his crypto vision for the platform.
  • X has the potential to become a leading platform for crypto-related content and transactions.
  • Users should be aware of the risks associated with crypto and exercise caution.

Ultimately, the success of crypto integration on X will depend on its ability to create real value for users and to navigate the complex regulatory landscape. Twitter Inc. has struck a truce with Elliott Management Corp, an investment firm that was seeking to oust Chief Executive Officer Jack Dorsey.Twitter said today that it has inked a cooperatiThe road ahead is uncertain, but with Dorsey at the helm, X is poised to remain at the forefront of the intersection between social media and the world of cryptocurrency. In a shocking turn of events, Trump proposes a tariff-free trade pact with Canada that could revolutionize North American trade as we know it! Meanwhile, theStay informed, do your research, and be prepared for the exciting (and potentially volatile) future of social media and digital finance.Are you ready for a crypto-powered social media experience?The stage is set, and the show is just beginning.

Ari Paul can be reached at [email protected].

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