Square Inc. CEO Jack Dorsey said on Friday that the payment processing company would “work forever” to improve Bitcoin.
Bitcoin changes everything “for the better,” Dorsey said in a tweet in an apparent response to Square’s chief financial officer, Amrita Ahuja, who said the company’s strategy with crypto has not changed.
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Financial News had previously quoted Ahuja as saying that Square has halted its Bitcoin purchases after a $ 20 million loss in the coin last quarter.
Dorsey, who is also the CEO of Twitter Inc., said in a follow-up tweet that he agreed with the premise that no person or institution could change or stop the cryptocurrency.