Twitter is the 4th ranked social media site by its number of monthly users, but it’s a top-ranked site for tech-savvy individuals and business-to-business verticals. This social media platform has become a very popular channel for breaking news, snackable content, and direct communiques with various communities in real-time.
It’s now the “go-to” social media site for crypto users, investors, influencers, and stakeholders. Here are some statistics courtesy of TechJury that help demonstrate why it’s so appealing:
- Twitter (NYSE:TWTR) has 330 million monthly active users
- 762 million tweets are sent per day, or roughly 8,817 every second
- A single day’s worth of Tweets would fill a 10 million page book
- It took 3 years, 2 months, and 1 day to go from the first tweet to the billionth
MicroStrategy Becomes Largest Corporate Holder of Bitcoin
In regulatory filings with the U.S. Securities and Exchange Commission in mid-December, enterprise analytics company – Microstrategy (NASDAQ:MSTR) – announced that it has purchased 1,434 more Bitcoin (BTC) for $57,477 with a total price tag of $82.4 million. In the follow-up tweet to his 1.9 million followers, Microstrategy CEO Michael Saylor, stated that the company’s total holdings now exceed 122,478 coins. That’s surprisingly triple the amount of Bitcoin held by the next closest corporate investor – Tesla (NASDAQ:TSLA) – which reportedly has 38,300 Bitcoin on its balance sheet.
Elon Musk Suspends Bitcoin Payments for Tesla E-vehicles
Earlier this year, Tesla CEO Elon Musk made news when his company added billions worth of BTC to its corporate balance sheets. Musk upped the ante when he stated that Tesla would also start accepting Bitcoin as payment for his company’s electric vehicles to consumers.
Within a month, Musk reversed that digital BTC payment deal for his Tesla e-automobiles – causing massive wreckage to investor portfolios and coin valuations alike as the entire crypto market dropped more than 50% in a matter of days due to this surprising email.
El Salvador Announced Plans to Accept Bitcoin as Legal Tender
On Saturday, June 5th, El Salvador’s President Nayib Bukele announced that this country will be the first in the world to accept Bitcoin as legal tender. President Bukele made the shocking announcement via broadcast to thousands of attendees at this past weekend’s 2021 Bitcoin conference held in Miami, Florida. He went on to send a bill to the Salvadorian Congress to initiate the process marking a significant milestone for the oldest cryptocurrency. He shared more detail about the initiative in a series of tweets to his more than 2.5 million followers..
Facebook Changes Name to Meta
On Oct. 28, Facebook (NASDAQ:FB) announced plans to change its corporate name to Meta. In his founder’s letter, CEO, Mark Zuckerberg said they created the Meta umbrella brand because the Facebook brand had become too restrictive. “Right now our brand is so tightly linked to one product that it can’t possibly represent everything we’re doing today, let alone in the future. Over time, I hope we are seen as a metaverse company, and I want to anchor our work and our identity on what we’re building toward.” This official tweet surprised billions around the world and crypto space.
Again, while there were millions of cryptocurrency tweets issued in 2021, these four messages were some of the most surprising missives shared publicly – with some of the most surprising results that are continuing to ripple across the crypto ecosystem.
On The Flipside
- Other significantly surprising tweets included Coinbase (NASDAQ:COIN) CEO, Brian Amstrong calling out the SEC; Jack Dorsey announcing free BTC transfers globally; announced resignations of Justin Sun from TRON, Jack Dorsey from Twitter, and David Marcus from Novi Wallet.
Why You Should Care?
Over and over again in 2021, significant random tweets have sent shock waves across the crypto-space. If you’re a crypto investor, daily Twitter check-ins are a necessity.
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