Around 80% Bitcoin community wants Elon Musk to takeover Twitter

Twitter board of directors responds to Musk's takeover offer with a defensive plan. Read this full report

Bitcoin Community showed full support to the Tesla CEO for the Twitter acquisition plan. 

Elon Musk is the top richest person in the world, thanks to his talents in the tech world. For a few years, Elon has been active in the crypto industry with bullish support for the crypto & Blockchain industry with Bitcoin, Ethereum, and Dogecoin. In recent weeks, Elon grabbed huge traction because of his Twitter acquisition plan. 

On 14 April, A popular Bitcoin-related Twitter account @Bitcoin_Archive with more than 970k followers tweeted a poll “Do you want Elon Musk to buy Twitter”.

In the poll, 73% of people supported Elon Musk. In response to the poll and support, Elon himself quoted the tweet and thanked the Bitcoin community for this bullish support. 

Here not only the Bitcoin Community but also Cardano founder Charles Hoskinson also invited Elon Musk to work on a separate Decentralized social media platform, in case of failure to purchase Twitter.

Elon may fail to acquire Twitter 

However, people are supporting Elon Musk to purchase the whole Twitter company but in reality, Twitter board directors are not in favour of Elon’s plan. 

Instead Twitter board released a statement on behalf of the poison pill, which restricts any person to take over the full company. 

For now, no one person can buy more than 15% stakes. Even If any person will try to buy more than 15% or more than in that situation the person will not get approval by the board. 

Read also: Wingriders will drag USDT and USDC to the Cardano network

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Jitender
Jitender

Bitcoin trader & investor since 2013. Love to share valuable information among people who don't believe in Blockchain technology and based cryptocurrency

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