Technology Mar 10

First ever tweet already has $2.5 million worth of likes 

Twitter chief Jack Dorsey is auctioning off the 15-year-old tweet – "just setting up my twttr" – and will convert the proceeds into bitcoin for charity 

by Sean OMeara
First ever tweet already has $2.5 million worth of likes 
Twitter CEO Jack Dorsey addressing students during a town hall at the Indian Institute of Technology (IIT) in New Delhi. Photo: Reuters 

The first ever tweet is being auctioned off with the proceeds set to be converted into bitcoin and given to charity.

Twitter boss Jack Dorsey has pledged to change whatever is raised for the 15-year-old piece of social media history into the digital currency – the highest bid stood at $2.5 million on Tuesday – and donate it to a charity fighting poverty in Africa.

"just setting up my twttr" has been listed by Dorsey as a unique digital signature on a website selling tweets as non-fungible tokens (NFTs).

Read more: EU plans to take on US and China for semiconductor supremacy 

NFTs are digital files that serve as digital signatures to certify who owns photos, videos and other online media. Dorsey, a known bitcoin enthusiast, said the auction will end on March 21.

Payments company Square Inc, also led by Dorsey, invested $170 million more in bitcoin last month, adding to the mainstream acceptance of the digital currency that has been winning support from several big investors.

  • Reporting by Reuters

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