律动BlockBeats|4月 08, 2026 04:35
CZ's new book talks about investing on Twitter: Crypto companies need to participate in the crypto public opinion arena to hold shares, FTX wants to participate but Musk is not fooled
According to BlockBeats, on April 8th, CZ mentioned its investment in Twitter (renamed X in July 2023) in 2022 in its new book "Life on Binance". When CZ learned in April of that year that Musk was going to acquire Twitter, his first reaction was, "Great! At least Twitter's update speed can be improved." A few days later, the investment team told CZ that they could participate in the investment. CZ then held a short internal meeting and after a 30 minute brief discussion, decided to invest $500 million to support Twitter's privatization. This number was personally determined by CZ without specific data analysis.
CZ's reason for investing is simple: we want to make money more free and must support freedom of speech. Most of the discussions in the cryptocurrency community are on Twitter, where cryptocurrency companies need to become shareholders. I use it a lot myself, so naturally I want to support it. CZ only had a few conversations with Musk during the transaction, and Musk only mentioned his desire to operate Twitter in his own way. CZ has no objections to this.
Later, CZ learned from the news that FTX also wanted to participate at that time. But Musk's' anti fraud radar 'went off and didn't let them join. It has to be admitted that despite Musk's own Asperger's syndrome, his judgment of people is still very accurate.
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