Name Price24H (%)
Bitcoin (BTC)
$45,197.00
2.37%
Ethereum (ETH)
$3,184.85
-0.86%
Binance Coin (BNB)
$427.56
0.87%
Cardano (ADA)
$1.19
-1.06%
Binance Backs Elon Musk’s Twitter Acquisition Bid With...
News

Binance Backs Elon Musk’s Twitter Acquisition Bid With $500M

The industry’s largest cryptocurrency exchange, Binance, has committed $500 million to Elon Musk’s recent $44 billion bid to acquire Twitter, according to an updated 13D filing with the SEC.

The filing indicates that Fidelity ($316 million), Sequoia Capital ($800 million), and many other investors also committed funds to the Tesla chief’s acquisition plans.

List of equity investors backing Musk’s Twitter bid. Source: SEC.

The largest investor, Lawrence J. Ellison Revocable Trust, added $1 billion.

This story is breaking and will be updated.

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