5/14, 11:14 PM (Source: TeleTrader)
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Dorsey: Bitcoin changes everything for the better

Twitter Inc. and Square Inc. Chief Executive Officer (CEO) Jack Dorsey remarked on Friday bitcoin will "change everything for the better" and that "we will forever work" to improve it.

Dorsey's tweet came in response to Square Chief Financial Officer (CFO) Amrita Ahuja's statement the company's "bitcoin strategy hasn't changed." "We continue to assess our bitcoin investment on an ongoing basis. Nothing new here," she said. Ahuja in turn commented on Tesla Inc.'s decision to stop accepting payments with bitcoin.

Bitcoin traded 0.39% lower at 5:13 pm ET, selling for $49,376.42.

Breaking the News / JR