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Why Twitter’s CFO says crypto investing right now ‘doesn’t make sense’
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Investing some of Twitter’s corporate cash in crypto assets such as bitcoin “doesn’t make sense right now,” Chief Financial Officer Ned Segal said in an interview on 15 November.
“We [would] have to change our investment policy and choose to own assets that are more volatile,” Segal said, adding that the company prefers to hold less volatile assets such as securities on its balance sheet.
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