Binance participated in the purchase of Elon Musk's Twitter It was reported that Binance would participate in a funding campaign
for the purchase of Twitter by Elon Musk. The news was announced in May but after what happened there was a lot of doubt.
When asked candidly by CZ whether Binance would keep its commitment to Musk in May, the CEO of Binance Holdings replied unequivocally.
The purchase of Twitter from Musk was said to cost about $44 billion, with $13 billion being financed by banks.
Binance said it has pledged approximately $500 million to participate in the financing as part of a strategy to bring social media
news sites into the world of Web3. Elon Musk and Cryptocurrency The relationship between Elon Musk and the crypto world is very close,
and especially because of his support for Dogecoin. Musk has certainly been in the cryptocurrency world,
so much so that Tesla still owns all the BTC bought at a price of over $35,000 reported in early 2021. Elon Musk has a strong interest
not only in Dogecoin but also in Bitcoin Ethereum, i.e. two projects that currently well dominate the crypto sector.
Twitter and cryptocurrency Twitter is not owned by Elon Musk, it seems he has already started working on integrated crypto wallet.