- Bitcoin supporter Jack Dorsey is no more Twitter (NYSE:TWTR) CEO.
- CTO Parag Agrawal will now be the new CEO of Twitter.
Square Co-Founder and prominent Bitcoin (BTC) figure Jack Dorsey has resigned his CEO-ship journey with Twitter. As Dorsey is stepping down, Twitter’s current Chief Technical Officer (CTO), Parag Agrawal will replace him as the acting CEO.
According to Dorsey, this time is the right moment for Twitter to move on from its founders.
It’s finally time for me to leave. The company was ready to move on.
This shift is clear evidence that Dorsey will now spend his full-time spearheading Square — A separate payment company he created during his tenure at Twitter. In cryptocurrency, Mr. Dorsey is popularly known due to his everyday support for Bitcoin.
Additionally, he is one of the public figures who have tweeted constantly about BTC. In fact, this sensation confirms Dorsey’s passion and the love he has for Bitcoin. On top of this, Dorsey is still fighting in the sense that Bitcoin will function as a “fundamental internet technology that is not controlled or influenced by any single individual or entity.”
If I were not at Square or Twitter, I’d be working on bitcoin.
Dorsey addressed this warm statement to a large audience at the Bitcoin 2021 event in Miami this year. People think that Dorsey wants to utilize this time judiciously to learn more about crypto.