The $54.20 per share price will give shareholders a 38% premium to Twitter’s closing stock price on the first of April.
Elon Musk also made a statement during the acquisition announcement on Monday and he highlighted how free speech is needed in society.
I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans.
Furthermore, last week Musk explained how he wanted to improve Twitter by making the account verification process easier, and possibly implementing dogecoin payments.
Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today.
Last December, the renowned professional skateboarder Tony Hawk released his “Last Trick” non-fungible token collection via the NFT marketplace Autograph.