Block Inc SQ CEO Jack Dorsey, who formerly led Twitter, says he will not return to his relinquished post at the social media company.
What Happened: Dorsey, the founder of Twitter, made the revelation on the social media platform Wednesday.
He was asked by Zaydream Media founder Alex Zay if he would “accept [the] position as CEO of Twitter?” Dorsey replied, “nope.”
See Also: How To Buy Bitcoin On CashApp
Why It Matters: Current Twitter owner and CEO Elon Musk said Wednesday that he expected to reduce his time at the company and “find somebody else to run Twitter over time.”
Dorsey is a Bitcoin BTC/USD bull and has talked in the past about the apex cryptocurrency being the driving force of Block’s business expansion across the world.
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Block offers Bitcoin to its users through its CashApp and is also working on a hardware wallet and Bitcoin mining business.