Twitter mulls about holding bitcoin: Report

Twitter Inc has thought about whether to hold bitcoin on its balance sheet, but has not made any changes yet, the social media platform’s chief financial officer, Ned Segal, told CNBC on Wednesday.

In an interview with CNBC, Segal said Twitter had considered how it might pay vendors or employees using bitcoin, should they ask to transact using the virtual currency.

“We might consider whether we would be transferring dollars to bitcoin at the time of the transaction or if we wanted bitcoin on our balance sheet ready to complete that transaction,” Segal said.