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    Home»Business Matters»Twitter stock profits amid bitcoin tipping news

    Twitter stock profits amid bitcoin tipping news

    Business Matters By Temitope N.Sep 27, 2021No Comments2 Mins Read
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    The price of Twitter’s shares, has gained approximately 3.80% to currently stand at $66.69 per share as of the time of writing this report as it was being traded on the New York Stock Exchange (NYSE).

    Twitter Bitcoin
    Twitter Bitcoin

    This gain comes shortly after the social media giant announced in a blog post that its tipping feature on its platform will include more payment options, also Bitcoin payments.

    Twitter, announced yesterday that it partnered with Zap’s very own payment application, Strike to foster Bitcoin tipping payments on its platform, the share price of Twitter surged by nearly 4%.

    Zap’s CEO, Jack Mallers wrote a blog post, explaining how vital the partnership between Strike and Twitter is to the next generation of remittance. He mentioned, “What the internet did for communication, Bitcoin and the Lightning Network is doing for money.”

    See also  Does Twitter-SoundCloud deal make a lot of sense?

    Jack Mallers posted a video illustrating how to use the new feature on Twitter by sending David, who was in a Starbucks restaurant in El Salvador. The video attracted 1.6 million views in just 15 hours.

    Strike’s payment application integrates the Bitcoin Lightning Network in order to enable instant payments globally at virtually no cost. The company is known for making cross border transactions easier for the people of El Salvador.

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